Reliance reports YOY fall in oil-to-chemicals profit, revenue; sequential improvement

Reliance reports YOY fall in oil-to-chemicals profit, revenue; sequential improvement
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25.01.2021

MOSCOW (MRC) -- Reliance Industries says that EBDITA dropped 28% year-on-year (YOY) at its oil-to-chemicals (O2C) business, to 97.56 billion Indian rupees (USD1.34 billion) in the fiscal third quarter ended 31 December, said Chemweek.Quarterly sales for the sector were Rs838.3 billion, down 29.6% YOY. The O2C business includes refining, petrochemicals, fuel retailing through the Reliance

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