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India's Reliance quarterly profit surges 78%, tops view

ReutersJul 18, 2025 2:07 PM

- Indian billionaire Mukesh Ambani's Reliance Industries RELI.NS beat estimates for quarterly profit on Friday, powered by strong growth in its energy, retail and digital services businesses.

Consolidated profit soared 78.3% to 269.94 billion rupees ($3.14 billion)for the quarter ended June 30, beating analysts' average estimate of 198.59 billion rupees, according to data compiled by LSEG.

($1 = 86.0620 Indian rupees)

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