By Reuters Staff
The logo of Reliance Industries is pictured in a stall at the Vibrant Gujarat Global Trade Show at Gandhinagar, India, January 17, 2019. REUTERS/Amit Dave/Files
BENGALURU (Reuters) – Reliance Industries Ltds profit climbed 12.6% in the last three months of 2020 as costs fell, even as the Indian conglomerate recorded a sharp fall in revenue at its dominant oil-to-chemicals business.
Reliance said on Friday its consolidated profit rose to 131.01 billion rupees ($1.79 billion) in the quarter ended Dec. 31 from 116.40 billion rupees a year earlier.
($1 = 73.0200 Indian rupees)read more
Reliance profit jumps 12.6% as expenses fall – Reuters India
