Reliance posts record Rs 21,930 Cr profit as Jio, retail fuel growth

Reliance Posts Record Rs 21,930 Cr Profit as Jio, Retail Fuel Growth: Reliance Industries reported a record profit of Rs 21,930 crore for the financial year, driven by strong performances from its Jio telecommunications business and retail sector. Jio’s subscriber base continued to expand, while the retail segment benefitted from growing consumer demand. The company’s robust financial performance is a result of strategic investments in these high-growth areas. Reliance’s diversified portfolio, including its energy and petrochemicals segments, further bolstered the overall results, positioning the conglomerate for sustained growth across various sectors.