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 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.

JM Financial expects Reliance Industries to report profit 11 per cent YoY drop in profit at Rs 15,518 crore compared with Rs 17,394 crore in the same quarter last year.

Reliance Jio Infocomm has posted a whopping 23.4% jump in its consolidated net profit for the September quarter, hitting ₹6,539 crore. That's a huge jump from the ₹5,299 crore it posted in the same quarter last year.

Mukesh Ambani -led Reliance Industries Ltd (RIL) on Tuesday reported its financial results for the second quarter of FY25, posting a net profit of Rs 16,563 crore, down 4.77 per cent from Rs 17,394 crore reported in the year-ago period.

The oil-to-telecom conglomerate is expected to report a muted growth in the second quarter of FY25 due to a weaker oil-to-chemicals (O2C) business.

Reliance Industries beat street expectations in Q2 despite a 5% drop in profit, driven by strong digital and upstream growth.

Reliance Industries Ltd, led by Mukesh Ambani, reported a 5% decrease in consolidated net profit for Q2 FY25, standing at Rs 16,563 crore. Revenue from operations slightly increased by 0.2% YoY to Rs 2.

Reliance Industries Ltd’s fiscal second quarter financial results beat street expectations, with both net profit and revenue surpassing analyst estimates.

RIL's total income rose 0.65 per cent to Rs 2,40,357 crore from Rs 2,38,797 crore in the corresponding quarter last year.