💨 Abstract

India's Reliance Industries, led by Mukesh Ambani, reported a 3.4% decrease in Q2 profit to 165.63 billion rupees, due to weak performance at its oil-to-chemicals business. Analysts expected a profit of 165.61 billion rupees, which was slightly below the actual figure. The drop in profit is despite the overall growth in the company's revenue.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖