Reliance Industries/RIL Stocks, Reliance Share Price Today Live Updates 15 Oct 2024: Reliance Industries stock in focus

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  • October 15, 2024 10:14

    Reliance Industries Q2 results: Reliance Ind Q2 net dips 4.8% as ‘slow’ O2C offsets digital rise

    Reliance Industries reported a 4.8 per cent annual fall in consolidated net profit in Q2 of FY25 at ₹16,563 crore, while revenue growth was flat at ₹2.4 lakh crore, the growth in digital services offset by weakness in petchem as well as subdued consumer demand, that affected retail performance.

    On a sequential basis net profit was 9.4 per cent higher and revenue growth flat.

    Consolidated EBITDA at ₹43,934 crore saw a 2 per cent decline, dragged down by the O2C business.

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