{"id":349098,"date":"2020-05-01T12:18:36","date_gmt":"2020-05-01T06:48:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=349098"},"modified":"2020-05-01T12:18:36","modified_gmt":"2020-05-01T06:48:36","slug":"reliance-industries-suffer-worst-profit-fall-in-over-11-year-on-weak-fuel-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-suffer-worst-profit-fall-in-over-11-year-on-weak-fuel-demand\/","title":{"rendered":"Reliance Industries suffer worst profit fall in over 11 year on weak fuel demand"},"content":{"rendered":"<p>NEW DELHI: Reliance Industries Ltd, operator of the world\u2019s biggest refining complex, reported a 39% slump in its March quarter profit, the steepest drop since December 2008, as a sharp fall in oil prices and lower fuel demand hammered its dominant energy businesses.<\/p>\n<p>The company, India\u2019s largest by market value, posted consolidated profit of 63.48 billion rupees ($845 million) in the three months ended March 31, missing analysts\u2019 expectation of an average 105.20 billion rupees by a wide margin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Reliance Industries Ltd, operator of the world\u2019s biggest refining complex, reported a 39% slump in its March quarter profit, the steepest drop since December 2008, as a sharp fall in oil prices and lower fuel demand hammered its dominant energy businesses. The company, India\u2019s largest by market value, posted consolidated profit of 63.48 billion rupees ($845 million) in the three months ended March 31, missing analysts\u2019 expectation of an average 105.20 billion rupees by a wide margin.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-349098","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=349098"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349098\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=349098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=349098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=349098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}