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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.
Oil and gas drives $2.3 billion profit for Indian giant Reliance Industries
Private sector player reports strong growth in its upstream business with EBITDA margin rising to almost 85% in the second quarter of 2024-2025 financial year
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.
1h
BMW CEO says Europe must cancel ban on petrol engines to reduce reliance on China
Europe must cancel its plan to ban new fossil fuel-emitting cars from 2035 to reduce reliance on China's battery supply chain ...
Republic Business on MSN
2h
Reliance expects to complete merger with Disney's India business in Q3
The merger of media assets of Reliance Industries and the India business of global media house Walt Disney is expected to be ...
24m
Mukesh Ambani's Reliance Industries In Talks To Acquire Stake in Karan Johar's Dharma Productions ? Details
Reliance Industries, led by Mukesh Ambani, is looking to enhance its role in the content production industry by partnering ...
6h
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 ...
15h
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 ...
3h
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., ...
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17h
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 ...
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