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.

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 Industries Ltd, India's most valuable company, on Monday reported a 5 per cent fall in the July-September quarter net profit as weak oil refining and petrochemical business hurt operational p

Reliance Jio posted its September quarter earnings on Monday evening. What Happened: The telecom giant’s net profit for the quarter came in at ₹6,539 crore, a 23.4% increase from the ₹5,299 crore posted in the same quarter last year.