Reliance reports 45% rise in revenue for March quarter
Mukesh Ambani-led Reliance Industries posted a 45.2% rise in consolidated revenue to â¹92,889 crore for the March quarter. The company also reported a 12.3% year-on-year increase in net profit to â¹8,046 crore. The boost came after posting higher-than-expected gross refining margin. Notably, telco Reliance Jio posted a net loss of â¹22.5 crore for the six months ended March 31.