Reliance Industries' Q1 profit up by 18% 
Mukesh Ambani-led Reliance Industries Limited (RIL) on Friday posted a ₹7,113 crore consolidated net profit in the quarter ended June 30, an 18.1% rise from the year-ago period. However, the company's revenue decreased 13.4% to ₹71,451 crore. The rise in profits was due to improved refining margins and a falling rupee, analysts said. 