RIL Q2 FY27 results: Reliance Industries posts 22% fall in profit on one-time Asian Paints caveat from last year; revenue rises 25% yoy

Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday reported a consolidated net profit of Rs 20,946 crore for the first quarter, marking a 22% year-on-year decline. The drop was mainly attributable to an exceptional gain arising from the sale of its stake in Asian Paints during the corresponding quarter last year.

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