Reliance Industries (RIL): Revenue growth marks start of new upcycle at Reliance
Reliance Industries reported strong Q2 growth across its energy, retail, and telecom divisions, with a 30% YoY rise in operating profit to ₹44,867 crore. Robust performance in the oil-to-chemicals, exploration, and retail segments, along with a surge in Singapore gross refining margin, contributed to RIL's success. With RIL's improving financials and debt stabilization, investor concerns have eased.
Source: indiatimes.com