Reliance Industries Q2

Pre-tax profit rises 14% to Rs 15,055 crore, but refining margins disappoint

Analysts expect refining to offset weakness in petrochemicals (petchem) and a lower tax rate benefit for the retail and telecom businesses

Reliance Retail reported a rise of 273% in its earnings before interest and tax at Rs 12.4 billion for Q2

Telecom venture performance will indicate how well the mega investment is paying off