RIL Q3 profit up 2% as weak oil output offsets O2C, telecom gains

Mumbai: Reliance Industries Ltd reported muted profit growth for the October–December quarter, as weaker earnings from its oil exploration and production business, along with slower margin growth in retail, offset improved earnings across other key businesses.

India’s most valuable company posted a 2% rise in consolidated profit in Q3 to ₹22,167 crore from ₹21,804 crore in the year-ago period. The company had reported a profit of ₹22,146 crore in Q2 of FY26.

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