RIL's Q1 operational revenue hits milestone with 25% YoY jump

Reliance Industries saw a twenty-five percent profit drop in the June quarter. Revenue from operations increased twenty-five percent, crossing three lakh crore rupees. Reliance Retail's net profit declined fourteen percent while revenue grew eight percent. The oil-to-chemicals segment revenue rose over thirty percent amid market volatility. Jio Platforms reported its first profit decline due to 5G asset capitalization.