Reliance Q2 results: Consolidated net profit dips to ₹13,656 cr, misses estimates2 min read . Updated: 21 Oct 2022, 08:39 PM IST
- Reliance Q2 results: Reliance, which operates the world's biggest oil refining complex, reported 33.7% increase in revenue from operations at ₹2.32 lakh crore in the September quarter
Mukesh Ambani-led Reliance Industries Limited (RIL) on Friday posted a near-flat quarterly profit as export tax on refined fuels and weak refining margins dented performance at its mainstay oil-to-chemical business. The oil-to-telecom conglomerate reported a consolidated net profit for the second quarter (Q2) ended September 2022 at ₹13,656 crore, down 0.2% YoY. It was ₹13,680 crore in the corresponding quarter of last year (Q2FY22).
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