RIL’s Q3 profit is down 13 percent to Rs 17,806 crore and will raise  Rs 20,000 crore for expansion

Reliance Industries Ltd (RIL) reported a 13% fall in consolidated earnings for the third quarter due to poor performance in its oil-to-chemicals segment.

The company’s net profit dropped to ₹17,806 crores from ₹20,539 crores in the same period the previous year. On the other hand, the net profit of Jio Platforms Ltd (JPL).