News > Reliance Q4 net rises 24.5%; first Indian firm to hit $100 bn revenue
Reliance Q4 net rises 24.5%; first Indian firm to hit $100 bn revenue
The Free Press Journal | 06/05/2022 10:45 PM | Click to read full article
Billionaire Mukesh Ambani'sReliance Industries Ltd on Friday reported a 24.5 percent rise in earnings for the quarter ended March on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in the retail business.
"Our O2C business has proven its resilience and has demonstrated strong recovery despite volatility in the energy markets," Ambani said.