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Mumbai-based conglomerate, Reliance Industries (RIL) issued their first quarterly report, Q1, on Friday. Reliance reported a 3.85% rise with record profit of Rs 9,459 crore for the first quarter that ended on June 30. The earnings have doubled mainly due to their petrochemical business. Chairman of RIL, Mukesh Ambani commented on the reports by saying that this quarter reports have highlighted the strength of their petrochemical industry.