Reliance profit doubles due to petrochemicals rebound

Reliance profit doubles due to petrochemicals rebound
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25.05.2021

MOSCOW (MRC) -- India's Reliance Industries (RIL)В said its quarterly profit doubled, led by a rebound in its petrochemicals and retail businesses, but fell short of analysts' estimates as costs jumped 10%, reported Reuters.The oil-to-telecoms conglomerate, led by billionaire Mukesh Ambani, said consolidated profit climbed 108% to 132.27 billion rupees (USD1.79 billion) in the three month

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