Reliance Industries' quarterly consolidated net profit reportedly hits record ₹29,550 crore

Reliance's September-quarter consolidated net profit reportedly reached a record ₹29,550 crore, up 34% year over year. Oil-to-chemicals led earnings growth, while stronger digital growth helped offset subdued retail performance. Reliance credited exceptionally strong transportation fuel cracks and improved downstream chemical margins for the oil-to-chemicals gain, but said higher crude premiums and freight rates constrained it.