Reliance Industries Q2 profit up 7 percent, lags estimates
Oil-to-telecoms conglomerate Reliance Industries Ltd
Profit on a standalone basis, which includes the company`s refining, petrochemicals and oil and gas exploration businesses, stood at 82.65 billion rupees ($1.27 billion) in the quarter ended Sept. 30, compared with 77.04 billion rupees a year earlier. (http://bit.ly/2yh8snA)
Analysts on average had expected a standalone profit of 88.05 billion rupees, according to Thomson Reuters data.
($1 = 64.9550 Indian rupees)
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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