BENGALURU (Reuters) – Indian conglomerate Reliance Industries reported a 5.5% fall in first-quarter profit on Friday.
The billionaire Mukesh Ambani-led company, India’s largest by market value, said its consolidated profit fell to 151.38 billion rupees ($1.81 billion) in the April-June quarter from 160.11 billion rupees a year earlier. ($1 = 83.6740 Indian rupees)
(Reporting by Sethuraman NR in Bengaluru; Editing by Savio D’Souza)
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