Reliance Q1 results: Mukesh Ambani-led oil-to-telecom-to-retail conglomerate, Reliance Industries, on Friday, 17 July, reported a 22.40% year-on-year (YoY) fall in its consolidated net profit (attributable to owners of the company) to ₹20,946 crore for the April-June quarter of the financial year 2026-27 (Q1FY27).
In the corresponding quarter of the previous financial year, the company’s profit was ₹26,994 crore.
However, sequentially, or on a quarter-on-quarter (QoQ) basis, RIL’s Q1FY27 profit rose by 23.42% from ₹16,971 crore in Q4FY26.
(This is a developing story. Please check back for fresh updates.)
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