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17-Jan-2025

Reliance Industries

Growth led by digital and retail


'Net sales (including other operating income) of Reliance Industries has increased 6.62% to Rs 239986 crore.  Sales of Oil and Gas segment has gone down 5.19% to Rs 6,370.00 crore (accounting for 2.14% of total sales) led by marginally lower KGD6 volumes and fall in price realisations for CBM and condensate. Sales of Digital Services segment has gone up 18.74% to Rs 39,733.00 crore (accounting for 13.32% of total sales) due to continuing flow through of tariff revisions for mobility services, and healthy growth in homes and digital services businesses.  Sales of Oil to Chemicals (02C) segment has gone up 6.02% to Rs 149,595.00 crore (accounting for 50.15% of total sales) with higher volumes and increased domestic product placement. Planned shutdown of major units during the same quarter last year impacted volumes. Sales of Retail segment has gone up 8.80% to Rs 90,351.00 crore (accounting for 30.29% of total sales) with growth across consumption basket...



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