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Reliance Industries falls 7% post Q2 results

The stock dipped 7% to Rs 1,073 on the BSE in early morning trade after a mixed bag results for the quarter ended September 2018

Reliance Industries
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A bird flies past a Reliance Industries logo installed on its mart in Ahmedabad | Photo: Reuters

SI Reporter Mumbai
Shares of Reliance Industries (RIL) has dipped 7% to Rs 1,073 on the BSE in early morning trade after reporting mixed set of numbers for the quarter ended September 2018 (Q2FY19) with its retail and digital services (telecom; Jio) businesses continuing to post strong growth, while its core refining business performance was a bit disappointing amid high expectations.

RIL has reported a 17.4% rise in consolidated net profit at Rs 95.16 billion for the September quarter, largely helped by a record financial performance in its petrochemicals business. The company had a profit of Rs 81.09 billion in the same

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