Net profit (pre minority) for the fiscal third quarter rose 1.6 percent from a year earlier to Rs 22,290 crore, while profit before tax increased 3.7 percent to Rs 29,697 crore. Consolidated EBITDA rose 6.1 percent to Rs 50,932 crore, supported by earnings growth in the digital services and O2C segments, helping offset weakness in the upstream oil and gas business. "Reliance's consolidated performance in 3Q FY26 reflects consistent financial delivery and operational resilience across businesses," said Mukesh Ambani, Chairman and Managing Director, Reliance Industries Ltd, in a statement on Friday. The O2C business benefited from a sharp increase in transportation fuel cracks, which rose 62-106 percent from a year earlier during the third quarter. This improvement was partly offset by lower downstream chemical margins and higher feedstock freight rates. Overall, O2C EBITDA rose 15 percent from a year earlier to Rs 16,507 crore, helped by higher volumes and a continued ramp-up in fuel retail operations. All this is for information. This is not a buy/sell recommendation Thank you, Technofunda24

#WatchOutFor#StockInNews

604 likes·65 comments