Reliance Industries Ltd, India's most valuable company, reported a 19.10% rise in profit. Consolidated profit rose to $2.35 billion.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose over 14% to 162.93 billion rupees, though revenue fell about 12%.

Oil-to-chemicals (O2C) business, which had a great run for two years on higher demand for transportation fuels, was dented by the  government's windfall tax on fuel exports.

Reliance Retail Ventures

The retail arm of RIL reported a 12.9% jump in net profit at Rs 2,415 crore, its highest-ever footfalls.

Reliance Retail Ventures

Total revenue stood at Rs 69,267 crore, up 19%, led by growth in grocery, consumer electronics, and fashion and lifestyle.

Reliance Jio

India's biggest telecom operator Reliance Jio reported a 13% increase in net profit to Rs 4,716 crore.

Revenue from operations increased by about 12% to Rs 23,394 crore.

Reliance Jio

For FY23, the company's net profit rose about 23% to Rs 18,207 crore.

Reliance Jio

Annual revenue from operations grew by about 18% to Rs 90,786 crore in the last fiscal.

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