Reliance Industries misses estimates, reports 3.60% rise in Q3 net profit
Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited said: “Our robust integrated platform, sound operational processes and business portfolio aligned to the needs of emerging India enabled us to deliver another record performance in challenging market conditions. The refining business has delivered eight consecutive quarters of double-digit GRMs, benefiting from the global demand for transportation fuels and improved product cracks."
Bloomberg survey had stated that the company is likely to post a net profit to Rs 7,842 crore. Photo: IANS