 "Reliance Industries Chairman Mukesh Ambani at the 40th AGM of the company in Mumbai. (Photo: PTI)")
Mukesh Ambani-promoted Reliance Industries (RIL) on Friday reported a 14.1 per cent rise in its consolidated profit before tax (PBT or pre-tax profit) at Rs 15,055 crore for the September quarter (Q2) of 2019-20 (FY20), following robust growth in the retail and digital service businesses.
The two consumer businesses now account for 30 per cent of RIL’s earnings before interest and tax (EBIT), as against 20 per cent in the year-ago quarter. The results, declared after market hours, were a mixed bag with some parameters ahead and a few falling short of analysts’ estimates.
Net profit for the quarter under review was
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