RIL Q2 FY27 RESULTS

Mukesh Ambani-led Reliance Industries Ltd (RIL), India's most valuable company, posted its highest-ever quarterly core profit and EBITDA for the June quarter, supported by robust performances from its oil-to-chemicals and telecom businesses. The oil-to-telecom conglomerate reported a 25.4% year-on-year increase in consolidated revenue to Rs 3.12 lakh crore, according to a company statement.

Excluding the one-time gain of Rs 8,924 crore from the sale of listed investments recorded in the corresponding quarter last year, recurring EBITDA rose 10.1% year-on-year to a record Rs 54,067 crore. On the same basis, profit after tax increased 6.1% to an all-time high of Rs 23,196 crore.

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