Reliance Industries becomes first Indian company to cross total equity of over Rs 10 lakh crore

Reliance Industries reports a rise in its March quarter net profit. The company's retail business rebounded. Its oil business defied the global downtrend. Consolidated net profit reached Rs 19,407 crore. Revenue from operations rose to Rs 2.6 lakh crore. Reliance Industries became the first Indian company to cross total equity of over Rs 10 lakh crore.