Fetching News Details

India's Reliance Industries profit surges, powered by oil business
July 23, 2022
Source: Reuters

India's Reliance Industries profit surges, powered by oil business

India's Reliance Industries Ltd (RELI.NS) on Friday reported a 46.3% jump in June-quarter profit, as robust refining margins due to intake of cheaper Russian crude and fuel exports buoyed its dominant oil-to-chemicals business.The Mukesh Ambani-led conglomerate said consolidated profit rose to 179.55 billion rupees ($2.25 billion) in the three months ended June 30 compared with 122.73 billion rupees a year earlier.

⬅ all news

Please Login to Save News for Later