Q4 results: RIL posts record profit of Rs 94.35 bn; Jio's net at Rs 5.10 bn
Mukesh Ambani-led Reliance Industries (RIL) reported a consolidated net profit of Rs 94.35 billion for the quarter ending March 31 (Q4) on the back of improved performance of its petrochemical and retail businesses.
The company’s refining business saw some weakness, which though was compensated by the petrochemical and retail businesses. Jio, its telecom business, posted in-line performance for the quarter.
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