The Hindu·2 min read·medium
RIL Q1 profit falls 22% as year-ago quarter included Asian Paints gain
P
PTI
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Reliance Industries reported a 22% year-on-year decline in net profit for the June quarter. The decrease is attributed to a one-time gain from the sale of Asian Paints shares that inflated the previous year's figures.
Reliance Industries Ltd. on Friday (July 17, 2026) reported a 22% year-on-year decline in consolidated net profit for the June quarter as earnings in the year-ago period were boosted by a one-time gain from the sale of shares in Asian Paints.
businesseconomy
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