Oil and gas drives $2.3 billion profit for Indian giant Reliance Industries

Private sector player reports strong growth in its upstream business with EBITDA margin rising to almost 85% in the second quarter of 2024-2025 financial year

Reliance Industries chairman Mukesh Ambani.
Reliance Industries chairman Mukesh Ambani.Photo: AFP/SCANPIX
Published 15 October 2024, 07:12Updated 15 October 2024, 07:12
Reliance IndustriesBPMukesh AmbaniKG-DWN-98/2Krishna Godavari basin