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Reliance Industries reported a 12.6 per cent decrease in consolidated net profit to ₹16,971 crore in the March quarter, due to weakness in the oil-to-chemicals and oil & gas businesses.

This was offset by its consumer facing businesses, and revenue rose nearly 13 per cent to ₹2.99 lakh crore.

Consolidated EBITDA for the quarter fell to ₹48,588 crore from ₹48,737 crore year ago, while the EBITDA margin shrank to 14.9 per cent from 16.9 per cent a year ago.

Also read: JioStar Q4 profit dips 52% sequentially to ₹419 crore

Also read: Reliance Jio profit grows 13% to ₹7,935 crore in Q4

Published on April 24, 2026

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