Reliance beats street with record profit on back of gains from stake sale, Jio

Reliance Industries Ltd (RIL) on Thursday reported record net profit of Rs 13,248 crore in June quarter after one-time gain from stake sale as well as bumper telecom revenues cushioned COVID-19-hit earnings from refining, petchem and retail segments. The net profit in April-June was 30.6 per cent higher than it was in the same period a year back, and bettered… Continue reading "Reliance beats street with record profit on back of gains from stake sale, Jio"

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