(Bloomberg) Reliance Industries Ltd., led by billionaire Mukesh Ambani, posted a lower-than-expected quarterly profit as a continued weakness in its petrochemicals business and higher taxes offset growth in its consumer unit and a large surge in other income.Most Read from BloombergElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsRay Dalio’s Famous Trade Is Sputtering an
Ambani s Reliance Misses Profit Estimate on Petrochemicals Drag bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Reliance Industries share price has touched a new high, surpassing a market capitalisation milestone of Rs 20 lakh crore earlier this week after remaining within a range for the past three years
When it comes to carbon capture utilisation and storage (CCUS), Reliance Industries Limited (RIL), with its extensive energy and petrochemicals interests, has much to weigh up in terms of business efficiency and future sustainability.
Reliance Industries Ltd: "On track to commence new energy facilities in phases this year," the company said in a post-third-quarter earnings call with investors.