Reliance Industries Ltd. reported a 33.8% year-on-year (YoY) rise in consolidated profit after tax to Rs.29,550 crore for the second quarter of FY27, compared with Rs.22,092 crore in the corresponding quarter last year.
Diplomatic discussions involving Iran and mediators in Qatar continued on November 2, with efforts reportedly focused on avoiding a renewed escalation in the region.
Indian equity benchmarks traded higher on November 2, supported by optimism around diplomatic efforts to ease tensions involving Iran and by strong corporate earnings.
NTPC Ltd. reported a 40.7% YoY increase in consolidated profit after tax to Rs.7,351 crore for Q2 FY27, compared with Rs.5,225 crore in the corresponding quarter of the previous year.
Jio Platforms Ltd. reported a 13.7% YoY rise in consolidated net profit to Rs.8,387 crore for Q2 FY27, compared with Rs.7,375 crore in the year-ago period.
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