Billionaire Mukesh Ambani-led Reliance Industries is set to report a decline in March-quarter profit on Friday, as the Middle East war-driven spike in crude prices weighed on its mainstay oil-to-chemicals business, analysts said.
The company’s consolidated net profit is expected to fall 3.7% year-over-year in the fourth quarter, while revenue is seen rising 8.1%, according to the average estimate of six brokerages, as calculated by Reuters.
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Reliance Industries,… [1729 chars]
Source: Reuters | Published: 2026-04-24T03:25:09Z
Credit: Reuters
