Reliance Industries Q1 Results: O2C, Jio Drive Revenue and EBITDA Growths; But Why RIL’s Net Profit Dropoed 22% YoY?
Reliance Industries Q1 Results: Despite reporting a YoY decline, Reliance Industries posted its best first-quarter profit and surpassed street estimates. In Q1FY27, RIL’s consolidated net profit, attributable to owners, stood at Rs 20,946 crore, registering a decline of 22.4% YoY but improving by 4.4% sequentially. The year-on-year dip in the profitability is due to one-time…