Reliance Industries had an impressive Q1 with significant hi

• Net profit surged by 78% year-on-year, driven by strong growth in consumer businesses and a one-time gain of ₹8,900 crore from the sale of its stake in Asian Paints. • Even excluding the exceptional item, profits showed a substantial 20% increase. • Jio witnessed a 24% growth in earnings, backed by improved ARPUs reaching nearly ₹209 and a substantial rise in subscribers. • Reliance Retail experienced an 11% revenue boost, supported by rapid store expansion efforts. • JioStar achieved record revenues of ₹9,600 crore, fueled by a successful IPL season. The results reflect a robust performance across various segments, showcasing Reliance Industries' continued growth and strategic advancements.