RIL Q2 takeaways: Petchem, Jio outperform; but GRM disappoints

RIL Q2 takeaways: Petchem, Jio outperform; but GRM disappoints

NEW DELHI: Reliance Industries, the biggest conglomerate in India, beat analysts’ estimates in September quarter earnings, with some segments performing brilliantly, but a close inspection reveals some areas of weakness. Telecom was the outperforming segment and it saw exceptional growth during the quarter led by increased usage of telephony. The media business also improved performance. … Read more

RIL Q2 preview: Profits may dip but Jio and Retail could see sequential improvement

RIL Q2 preview: Profits may dip but Jio and Retail could see sequential improvement

Mumbai: Mukesh Ambani-controlled Reliance Industries may report a drop in its performance from a year ago when it unveils its September quarter earnings on Friday. The company may, however, log a sequential improvement even though full-recovery to pre-Covid levels is yet to happen. Analysts will also wait and watch company’s take on the legal tussle … Read more