Reliance Industries Limited shares declined by 2 per cent on Monday morning. The consolidated net profit for the June quarter stood at Rs. Similarly, the revenue of ₹2.1 lakh crore represented a 5.3 per cent decrease year-on-year. The oil-to-chemicals business of RIL was a major factor behind the 10.8 per cent drop in net profit from the previous year. The shares were down by 2 per cent at ₹2,485.50 at 09:46 am on the BSE.

Source: The Hindu July 24, 2023 05:05 UTC