Reliance reports YOY fall in petchem profit, revenue; sequential improvement
02.11.2020
MOSCOW (MRC) -- Reliance Industries says that EBDITA dropped 33% year on year (YOY) at its petrochemicals business to 59.64 billion Indian rupees (USD802.79 million) in the fiscal second quarter ended 30 September. Quarterly sales for this sector were Rs296.6 billion, down 23% YOY, said Chemweek.The company says, however, that compared with the preceding quarter, prices of polypropylene