Reliance Industries to Report Profit Growth on Refining and Jio
Reliance Industries is expected to announce a net profit increase of up to 20% year-on-year in its Q2 results, driven by a recovery in its oil-to-chemicals (O2C) business and strong refining margins. The company and its Jio Platforms are set to release their September-quarter earnings soon, with the Reliance board also planning to consider a fund-raising proposal on October 30.
Reuters·



