Reliance Q1 FY27 profit falls 22% to Rs 20,946 cr on prior-year Asian Paints gain base
Reliance Industries reported a 22% YoY drop in net profit to Rs 20,946 crore, down from Rs 26,994 crore, driven by last year's one-time Rs 8,924 crore Asian Paints stake-sale gain rather than operational weakness. Retail, digital and oil-to-chemicals posted steady operating performance; promoter holding rose to 50.48% and the stock gained 2.59% to Rs 1,326.50.
Reliance Industries reported a 22% YoY drop in Q1 FY27 net profit to Rs 20,946 crore, due to last year's one-time Asian Paints stake-sale gain. Retail, digital and oil-to-chemicals segments delivered steady operating performance; promoter holding rose to 50.48%.
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