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India's Reliance reports drop in Q2 profit
Reliance Misses Profit Estimate on Poor Show by Energy Units
Reliance Industries Ltd., controlled by billionaire Mukesh Ambani, reported profit that again missed analysts’ estimates, as weak margins from its core oil refining business outweighed the benefits trickling in from higher telecom tariffs.
India's Reliance reports drop in Q2 profit as energy business weighs
India's Reliance Industries reported a drop in second-quarter profit on Monday, as its oil-to-chemicals (O2C) business grappled with lower margins, more than offsetting a boost from price increases for the company's mobile services.
India's Reliance Profits Drop On Weak Oil-to-chemicals Arm
Indian conglomerate Reliance Industries reported a drop in quarterly profits on Monday, weighed down by its core oil-to-chemicals arm even as its telecom division posted healthy growth.
Reliance Q2 Results Review: Net profit drops but brokerages remain bullish with up to 26% upside potential
Reliance Industries experienced a 5% YoY drop in Q2FY25 net profit to ₹16,563 crore, largely from its O2C segment. Yet, digital services and upstream business growth signal resilience, leading brokerages to uphold positive ratings and price targets amid ongoing challenges.
Republic Business on MSN
23m
Reliance shares down over 1% post Q2 earnings
Shares of Reliance Industries Ltd declined over 1 per cent in morning trade on Tuesday after the firm reported a 5 per cent ...
1h
on MSN
Mukesh Ambani's Reliance Industries Shares Slip Nearly 1% After Weak Quarterly Results
Following weak quarterly results, the shares of Mukesh Ambani's Reliance Industries has dropped today in the early trade., ...
4h
Reliance eyes completing merger with Disney's India business in Q3
The merger of media assets of Reliance Industries and the India business of global media house the Walt Disney is expected to ...
18h
UN refugee chief urges states to cut reliance on border controls even as displacement worsens
The head of the U.N. refugee agency on Monday urged countries to drop measures to block refugees and migrants at their ...
13h
Reliance Industries records robust growth in digital services and upstream business in Q2: Here are 10 key highlights
Reliance Industries has recorded profit at Rs 19,323 crore for the September 2024 quarter, increasing by 10.8 percent ...
cnbctv18
15h
Reliance Industries Q2 results: Oil & gas revenue declines 6%, EBITDA up 11% with upbeat margin
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose 11% to ₹5,290 crore during the quarter ended ...
50m
on MSN
Reliance Industries, IRFC, and Yes Bank among stocks that mutual funds bought and sold in September
The key additions by the mutual fund industry were GE T&D India (Rs 42 billion), Infosys (Rs 32 billion), and Reliance ...
1d
Reliance Industries' Second-Quarter Net Profit Expected to Rise 8.4% -- Earnings Preview
NET PROFIT: Reliance Industries is expected to post an 8.4% increase in net profit to 188.60 billion rupees, equivalent to $2.24 billion, for the three months ended September, according to a poll of ...
cnbctv18
15h
Reliance Jio Q2 Results: Strong quarter led by tariff hikes, scale up of digital services business
The average revenue per user (ARPU) rose by 7.4% from last year to ₹195.1, exceeding the CNBC-TV poll expectations of 6.5% ...
3h
on MSN
Reliance Jio, Airtel drive 5G adoption in India, but user satisfaction remains mixed: Survey
The survey, which gathered over 47,000 responses from smartphone users across 361 districts, found that 54 per cent of ...
2h
on MSN
Reliance Challenges TRAI's Decision On Satellite Spectrum Allocation, Opposes Elon Musk's Starlink In India Dispute
The crux of the debate revolves around whether the spectrum will be assigned through administrative procedures or through ...
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