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Monday, October 14, 2024
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HomeEconomyReliance reports 5 pc fall in Q2 net profit on weak O2C...

Reliance reports 5 pc fall in Q2 net profit on weak O2C business

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New Delhi, Oct 14 (PTI) Reliance Industries Ltd on Monday reported a 5 per cent fall in the net profit for the July-September quarter, as weak oil refining and petrochemical business hurt operational performance.

Its consolidated net profit fell to Rs 16,563 crore or Rs 24.48 per share in July-September – the second quarter of the current fiscal – compared to Rs 17,394 crore or Rs 25.71 a share in the same period a year back, according to a company filing.

The total income was marginally higher at Rs 2.4 lakh crore from Rs 2.38 lakh crore in July-September 2023. PTI ANZ ANZ BAL BAL

This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

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