Reliance net profit falls 22.8% to ₹7,206 crore in Q2
Mukesh Ambani-led Reliance Industries (RIL) on Thursday posted a ₹7,206 crore consolidated net profit for the quarter ended September 30, reporting a 22.89% decline from the year-ago period. However, the company's revenue increased 9.6% to ₹81,651 crore during the period under review. The fall in profits was due to weaker refining margins, analysts said.