Reliance Industries saw its consolidated net profit dip by 22.4% year-on-year to ₹20,946 crore for the first quarter of FY27. This decline follows a significant one-time gain from selling its stake in Asian Paints during the same period last year. Even with the profit drop, the company achieved an operational revenue of ₹3.12 lakh crore, marking a 10.6% increase compared to the previous year. Notably, this is the first time the firm's quarterly revenue has surpassed the ₹3-lakh crore milestone.

by shortkt.com✓

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