Industry

Reliance Industries Q2 net drops 15%

A view of the poster of Reliance Industries in Mumbai. File   | Photo Credit: Reuters

Reliance Industries Ltd on Friday reported a 15% drop in its second quarter net profit on weak oil business.

Net profit at ₹9,567 crore in July-September compared with ₹11,262 crore a year back, Reliance said in a stock exchange filing.

Revenues fell to ₹1.2 lakh crore from ₹1.56 lakh crore in Q2 of FY20.

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Printable version | Nov 28, 2020 7:08:37 PM | https://www.thehindu.com/business/Industry/reliance-industries-q2-net-drops-15/article32984627.ece

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