Reliance Industries posts $28.2b consolidated revenues for Q1
22 Jul 2023
Reliance Industries Limited posted consolidated revenues of Rs231,132 crore ($28.2 billion), down 4.7 per cent year-over-year (YoY), for first quarter (Q1) of financial year 2023-24 (FY2023-24) due to sharp decline in order to cash (O2C) revenues with 31 per cent fall in crude oil prices. Reliance’s quarterly earnings before interest,