{"id":349139,"date":"2020-05-01T11:29:25","date_gmt":"2020-05-01T05:59:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=349139"},"modified":"2020-05-01T12:45:34","modified_gmt":"2020-05-01T07:15:34","slug":"billionaire-ambanis-reliance-profit-plunges-39-as-coronavirus-hits-energy-business","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/billionaire-ambanis-reliance-profit-plunges-39-as-coronavirus-hits-energy-business\/","title":{"rendered":"Billionaire Ambani&#8217;s Reliance profit plunges 39% as coronavirus hits energy business"},"content":{"rendered":"<p>Indian oil-to-telecoms congolomerate Reliance Industries Ltd&#8217;s quarterly profit fell for the first time in three years, as its dominant energy business suffered lower demand due to the coronavirus outbreak. <\/p>\n<p>Reliance, led by Asia&#8217;s richest man Mukesh Ambani, said on Thursday its consolidated profit plunged to 63.48 billion rupees ($845 million) in the three months ended March 31, from 103.62 billion rupees a year earlier. <\/p>\n<p>Revenue from operations fell to 1.39 trillion rupees from 1.43 trillion rupees a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian oil-to-telecoms congolomerate Reliance Industries Ltd&#8217;s quarterly profit fell for the first time in three years, as its dominant energy business suffered lower demand due to the coronavirus outbreak. Reliance, led by Asia&#8217;s richest man Mukesh Ambani, said on Thursday its consolidated profit plunged to 63.48 billion rupees ($845 million) in the three months ended March 31, from 103.62 billion rupees a year earlier. Revenue from operations fell to 1.39 trillion rupees from 1.43 trillion rupees a year earlier.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-349139","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349139","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=349139"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349139\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=349139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=349139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=349139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}