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by Square League


Reliance Q1 Results: Did the Asian Paints sale really drive all the profits?
Clocking a consolidated net profit of ₹30,783 crore, a 76.5% year-on-year jump, Reliance Q1 results delivered a quarter that combined headline-grabbing gains with steady growth in core operations. It’s true that an exceptional, one-time boost came from selling a 4.9% stake in Asian Paints, adding ₹8,924 crore to the bottom line.

Don David
Jul 253 min read
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