|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3,149 INR | -1.42% |
|
-1.00% | +21.81% |
| 15/07 | Japan, S. Korea refiners join China in buying Canadian TMX oil | RE |
| 12/07 | India's Reliance, Bollywood fuel Ambani wedding hype through social media | RE |
BENGALURU (Reuters) - Reliance Industries Ltd, India's most valuable company, reported a bigger-than-expected drop in quarterly profit on Friday, hurt by a subdued performance at its dominant oil-to-chemicals business.
The Mukesh Ambani-led conglomerate's consolidated profit fell 14.9% to 157.92 billion rupees ($1.95 billion) in the third quarter.
It earned 185.49 billion rupees a year earlier, when it benefited from strong refining margins and demand for fuel.
Analysts, on average, had expected a profit of 162.58 billion rupees for the latest quarter, according to Refinitiv IBES. ($1 = 81.1100 Indian rupees)
(Reporting by Nallur Sethuraman in Bengaluru; Editing by Savio D'Souza)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 3,149 INR | -1.43% | -1.00% | 259B | ||
| 84.12 USD | -0.84% | -1.69% | - | ||
| 80.31 USD | -0.78% | -1.69% | - | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +21.81% | 259B | |
| +22.74% | 103B | |
| +5.21% | 59.38B | |
| +12.37% | 58.74B | |
| +14.42% | 48.64B | |
| +29.66% | 38.38B | |
| +31.63% | 27.97B | |
| -20.69% | 18.7B | |
| -0.07% | 18.14B | |
| +40.13% | 15.98B |
RELIANCE INDUSTRIES LTD 
