Economy
Reliance Industries Reports Record Q2 Profit of ₹29,550 Crore
Livemint2h
THE BRIEF
1
Reliance Industries reported a consolidated profit after tax of ₹29,550 crore for the second quarter of FY27, marking a 33.8% increase from ₹22,092 crore a year ago.
2
Consolidated revenue increased 27.8% year-on-year to ₹3,62,268 crore, while EBITDA grew 23.9% to a record ₹62,409 crore, driven by a sharp recovery in the oil-to-chemicals business.
3
On Friday, RIL shares closed 0.44% lower at ₹1,163.55 apiece on the BSE ahead of trading sessions for Monday, November 2.