Reliance Industries Reports Higher Net Profit
By Nina Kienle
Reliance Industries reported a rise in third-quarter net profit from a year earlier due to an increase in its oil-to-chemicals segment.
The Indian conglomerate said Friday that net profit rose to 186.45 billion Indian rupees, equivalent to $2.06 billion, for the three months ended December, from 185.40 billion rupees in the prior year's period.
That missed the estimate of 196.44 billion rupees in a poll of analysts by data provider LSEG.
Revenue increased to 2.695 trillion rupees from 2.439 trillion rupees.
Earnings before interest and taxes for its oil-to-chemicals segment climbed to 139.21 billion rupees from 128.19 billion rupees.
Write to Nina Kienle at nina.kienle@wsj.com
(END) Dow Jones Newswires
January 16, 2026 09:12 ET (14:12 GMT)
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