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RIL profit falls 5% to ₹16,563 cr; O2C under pressure, Jio shines
The Morning Standard
|October 15, 2024
Q2 RESULTS: Mainstay oil-to-chemical segment was hit by unfavourable global demand-supply dynamics; telecom revenue improved on recent increase in tariff
BILLIONAIRE Mukesh Ambani-led Reliance Industries Ltd (RIL) on Monday reported a near 5% drop in its consolidated net profit during the second quarter of the financial year 2024-25 (Q2FY25) as the company's mainstay oil-to-chemical (02C) segment was hit by falling prices and lower demand.
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