Shares of Reliance Industries climbed as much as 5% in early trade on Friday, after the country's most valuable company topped quarterly profit estimates on strong demand in its retail and telecom units.

Reliance Industries shares rose nearly 5% on Friday, marking their best week in six months after the company exceeded quarterly profit estimates, driven by a rebound in its retail business. Indias most valuable company,

Reliance Industries recorded double-digit YoY increase in bottomline on strong growth in digital services and retail businesses in Q3FY25.

Reliance Industries beat expectations for third-quarter profit on Thursday, as its retail business benefited from strong festive demand, while its telecom unit was bolstered by higher cellular tariffs and a rise in 5G subscribers.

Reliance Industries Ltd on Thursday (January 16) reported a 7.4% rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose.

Results: The oil-to-telecom conglomerate’s revenue from operations in the third quarter of current fiscal rose 6.7 per cent to ₹2.40 lakh crore led by digital and retail growth boost.

Reliance Industries Q3 net profit rises 7.3%, driven by retail and Jio; EBITDA up 7.8%, debt at ₹3.5 lakh crore.

RIL's Q3 earnings are set to benefit from stronger gross refining margins and higher ARPU in digital services, helped by the residual impact of tariff hikes.

By Sethuraman N R (Reuters) -Shares of Reliance Industries rose nearly 5% on Friday and were set for their best week in six months, as the company beat quarterly profit estimates on a boost from its retail business,

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