Reliance Q2 results: RIL posts record Rs 29,550 crore quarterly profit

Reliance Industries Limited announced impressive figures for FY27, with consolidated gross revenue peaking at Rs 3,62,268 crore.

The company experienced a remarkable profit growth of 33.8%, reaching Rs 29,550 crore, largely due to a stellar 67.9% rise in oil-to-chemicals segment EBITDA.

While retail revenue saw a 6.4% improvement, challenges persisted in that sector.

Moreover, the quarter's capital expenditure of Rs 38,153 crore predominantly targeted O2C and New Energy.

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Source attribution: Times of India – Business.

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