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RIL Q1 Profit: Brokerages remain bullish, say numbers in-line

RIL Q1 Profit: JP Morgan says RIL’s operating income was steady and the stock now offers multiple potential catalysts. RIL reported a consolidated net profit of Rs 18,258 crore in the June quarter, down 5.9 percent from the year-ago period as muted performance in oil-to-chemicals partly offsets strong growth in consumer-facing businesses ....

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RIL Q1 results: RIL profit drops 6% in Q1 on weak oil-to-chem showing

RIL s profit fell to ₹18,258 crore, from ₹19,443 crore. Adjusted for ownership in subsidiaries, consolidated net profit for the quarter attributable to shareholders was ₹16,011 crore, down from ₹17,955 crore a year earlier. The O2C weakness was due to the base effect due to the Ukraine war, said the company. ....

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Reliance's financial services business demerger process on track, says Mukesh Ambani

Last year, Reliance Industries announced demerger of its financial service business – Jio Financial Services. ....

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Mukesh Ambani makes big statement on Reliance Jio Financial Services business demerger, says process is...

In 2022, Reliance Industries announced a demerger of its financial service business – Jio Financial Services and later list it separately on the exchanges. ....

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RIL Q1 highlights: Profits, capex, booming businesses, challenges

The consumer facing businesses of India s largest firm reported strong set of numbers but legacy businesses faltered for another quarter. ....

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