RIL misses second quarter estimates...

Total costs increased 8.8% to ₹2.34 lakh crore, compressing margins despite a steady operational performance.Consolidated Ebitda grew 17.5% yo-y to ₹45,885 crore, translating to a margin expansion of over 100 basis points to 17.7%, underscoring steady execution in core businesses.

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Mukesh Ambani, chairman and managing director, described the quarter as"robust," driven by strong contributions from oil-to-chemicals (O2C), Jio, and retail."Reliance delivered a resilient performance led by our domestic-focused portfolio and the structural growth in the Indian economy," he said in a statement.

Ambani added that Jio continued to see positive momentum in subscriber additions across home and mobility services, while the retail arm benefited from higher volumes across formats and the growing adoption of its hyperlocal delivery model.