Billionaire Mukesh Ambani’s Reliance Industries Ltd on Friday reported a 46 per cent jump in net profit for the three months ended June on the back of bumper earnings from oil and telecom businesses. The oil-to-retail-to-telecom conglomerate’s consolidated net profit rose to Rs 17,955 crore during April-June period — the first quarter of 2022-23 fiscal year — from Rs 12,273 crore in the year-ago period, it said a stock exchange filing.
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