Reliance shares jump 6% after Q2 profit and revenue rise
In short
Reliance Industries shares rose as much as 6% after the company reported Q2 results. Net profit rose 41% to Rs 25,548 crore, and revenue increased 29% to Rs 3.32 lakh crore. EBITDA from the O2C business jumped 68% to a record Rs 25,203 crore.
This mattered to investors because the numbers were stronger than before and helped lift the stock. The source does not say what analysts specifically expected or what comes next.
What the reporting says
Reliance Industries shares rose up to 6% after the company reported Q2 results showing a 41% year-on-year rise in net profit to Rs 25,548 crore and a 29% increase in revenue to Rs 3.32 lakh crore. The publisher summary says the O2C business led earnings growth, with EBITDA up 68% to a record Rs 25,203 crore, helped by refining and petrochemicals. The immediate market reaction was positive, while broader analyst views were not provided in the source snippet.
Why it matters
Reliance Industries shares rose up to 6% after Q2 results showed stronger earnings and revenue. The publisher summary says net profit increased 41% year on year to Rs 25,548 crore, revenue climbed 29% to Rs 3.32 lakh crore, and O2C EBITDA surged 68% to a record Rs 25,203 crore. The reported driver was stronger refining and petrochemical performance, which likely supported sentiment toward the stock.