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India's Reliance reports drop in Q2 profit
Reliance Q2 Results Review: Net profit drops but brokerages remain bullish with up to 26% upside potential
Reliance Industries experienced a 5% YoY drop in Q2FY25 net profit to ₹16,563 crore, largely from its O2C segment. Yet, digital services and upstream business growth signal resilience, leading brokerages to uphold positive ratings and price targets amid ongoing challenges.
India's Reliance reports drop in Q2 profit as energy business weighs
India's Reliance Industries reported a drop in second-quarter profit on Monday, as its oil-to-chemicals (O2C) business grappled with lower margins, more than offsetting a boost from price increases for the company's mobile services.
Reliance Industries Reports 4.7% Drop in Q2 Profit
Reliance Jio's net profit surged 23.2% year-on-year, reaching ₹6,231 Crore, while revenue increased by 14.5%, rising to ₹28,338 Crore.
Reliance Retail Q2 revenue drops 3.5% to ₹66,502 cr
Reliance Retail Ltd's revenue from operations fell 3.5% year-on-year to ₹66,502 crore for the quarter ended September impacted by weak fashion and lifestyle demand, continued focus on streamlining of operations and calibrated approach to business-to-business to improve margins, the company says.
India's Reliance Profits Drop On Weak Oil-to-chemicals Arm
Indian conglomerate Reliance Industries reported a drop in quarterly profits on Monday, weighed down by its core oil-to-chemicals arm even as its telecom division posted healthy growth.
1h
Reliance Q2 results: Here’s how RIL stock likely to open today; Should you buy, sell or hold?
Reliance Industries share price will be in focus today after the oil-to-telecom conglomerate reported its financial results ...
LIVE
9h
RIL Q2 Results Highlights: Jio to launch JioCloud beta soon; to target 1 million new connections monthly
Commenting on the Q2 results, Mukesh D. Ambani, Chairman and Managing Director of Reliance Industries Limited, expressed his ...
in.investing.com on MSN
20m
Reliance Misses Q2 Targets, But Jio Shines: Is There Still Value for Investors?
Reliance Industries (NS:RELI)' second-quarter earnings for FY25 missed expectations, largely due to weaknesses in its ...
Hosted on MSN
6h
Reliance Industries: BREAKDOWN! RIL stock hits 8-month low after Q2 results
Why Reliance Industries Share Price Falling? Reliance Industries shares today cracked more than 2 per cent following weal Q2 ...
23h
Reliance Industries records robust growth in digital services and upstream business in Q2: Here are 10 key highlights
Reliance Industries has recorded profit at Rs 19,323 crore for the September 2024 quarter, increasing by 10.8 percent ...
12h
on MSN
RIL shares fall after soft Q2 results; here are stock price targets
MOFSL said RJio will be the biggest driver of Ebitda growth over FY24-27, driven by more frequent tariff hikes, market share ...
Fortune India
1d
Reliance Jio Q2 profit up 23% at ₹6,539 cr; tariff hike causes SIM consolidation
Reliance Jio says the SIM consolidation was observed after the tariff hike in Q2 FY25, offsetting continued strength in gross ...
LIVE
12h
Reliance Q2 Results Highlights: RIL revenue rises marginally to ₹2.32 lakh crore; Jio net profit up 23% YoY
The oil-to-telecom conglomerate is expected to report a muted growth in the second quarter of FY25 due to a weaker ...
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