 "Reliance, RIL,")
The fourth quarter ended March 2020 (Q4FY20) has truly been exceptional for Reliance Industries (RIL) that saw its profit before tax (PBT) dip 33.5 per cent to Rs 9,223 crore - pulled down by the performance of its petrochemicals business amid higher expenses.
Net profit attributable to the owners of the company, after exceptional items, was 38.7 per cent lower at Rs 6,348 crore and was the biggest-ever fall since June 2014 quarter, when RIL started declaring consolidated numbers. While announcing its results for Q4FY20 post-market hours on Thursday, the Mukesh Ambani-controlled company also unveiled a mega Rs 53,125 crore rights
