{"id":397018,"date":"2021-01-23T11:01:47","date_gmt":"2021-01-23T05:31:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=397018"},"modified":"2021-01-23T12:17:15","modified_gmt":"2021-01-23T06:47:15","slug":"reliance-jio-does-most-of-the-heavy-lifting-as-retail-biz-struggles-ril-q3-takeaways","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-jio-does-most-of-the-heavy-lifting-as-retail-biz-struggles-ril-q3-takeaways\/","title":{"rendered":"Reliance Jio does most of the heavy lifting as retail biz struggles: RIL Q3 takeaways"},"content":{"rendered":"<p>MUMBAI: Reliance Industries, India\u2019s largest conglomerate, showed signs of recovery in its oil-to-chemical business in the December quarter as the opening up of the economy helped improve demand, but the company\u2019s retail business is still nursing from the impact of the Covid-19 pandemic.<\/p>\n<p>The oil-to-telecom giant reported better-than-expected consolidated net profit for the reported quarter but the topline growth remained elusive as revenues plummeted 21 per cent year-on-year.<\/p>\n<p>The company\u2019s energy business was the worst affected by the Covid-19 pandemic given that the demand for transportation fuel sank due to ban on international travel and most people choosing to stay at home.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Reliance Industries, India\u2019s largest conglomerate, showed signs of recovery in its oil-to-chemical business in the December quarter as the opening up of the economy helped improve demand, but the company\u2019s retail business is still nursing from the impact of the Covid-19 pandemic. The oil-to-telecom giant reported better-than-expected consolidated net profit for the reported quarter but the topline growth remained elusive as revenues plummeted 21 per cent year-on-year. The company\u2019s energy business was the worst affected by the Covid-19 pandemic given that the demand for transportation fuel sank due to ban on international travel and most people choosing to stay [&hellip;]<\/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":[130,191,136],"tags":[],"class_list":["post-397018","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397018","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=397018"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397018\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=397018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=397018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=397018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}