Business

Reliance Industries Q2 net drops 15 pc

PTI

Reliance Industries Ltd on Friday reported a 15 per cent drop in its second quarter net profit on weak oil business.

Net profit at Rs 9,567 crore in July-September compared with Rs 11,262 crore a year back, Reliance said in a stock exchange filing.

Revenue fell to Rs 1.2 lakh crore from Rs 1.56 lakh crore in Q2 of FY20.