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Reliance Industries Ltd on Wednesday posted a higher consolidated profit for the July to September period, helped by a strong profit in its petrochemicals segment.
The conglomerate, whose businesses include refining, petrochemicals, retail and telecommunications, said profit rose 17.3 percent to 95.16 billion rupees.
That was slightly below the 95.67 billion rupees average of 11 analyst estimates, according to I/B/E/S data from Refinitiv.
Revenue from operations rose more than 53 percent to 1.46 trillion rupees, Reliance said on Wednesday.
Profit on a standalone basis, which excludes retail and telecoms, rose 7.2 percent from the same period a year earlier to 88.59 billion rupees.
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