Reliance Industries (RIL) reported its results for the quarter ended September post market hours on Friday which was a mixed bag but that will not be a show stopper for the oil & gas major.
Ahead of the results, RIL closed 0.4 percent higher at Rs 876.70. It hit a low of 874.25 and a record high of Rs 891 in trade on Friday.
“Our Company reported another quarter of robust performance. I am delighted to share that this includes the financial performance of Reliance Jio which had a positive EBIT contribution in its first quarter of commercial operations,” Mukesh D Ambani, Chairman and Managing Director, Reliance Industries Limited.
“The results also reflect strong underlying fundamentals of our refining and petrochemicals businesses. Sustained demand growth coupled with supply disruptions further tightened demand-supply balances globally during the quarter,” he said.
Missed call
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