Summary
Reliance Industries (RIL) reported a 25% year-on-year increase in Q1 revenue to Rs 3.11 lakh crore, surpassing Street expectations, with EBITDA rising 10% to Rs 54,067 crore. Despite a 22% fall in profit due to a high base from the Asian Paints stake sale, Chairman Mukesh Ambani stated that all businesses delivered strong operating performance for FY27.
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