By Mauro Orru
Reliance Industries Ltd. said Thursday that its first-quarter net profit rose from a year earlier, while revenue dropped as the coronavirus pandemic harmed the group's operations.
Net profit for the quarter ended June 30 rose to 132.33 billion Indian rupees ($1.77 billion) from INR101.04 billion a year earlier, the Indian conglomerate said.
First-quarter revenue decreased to INR912.38 billion from INR1.623 trillion a year earlier.
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