Stocks in news: RIL, Kotak Bank, ICICI Bank, Axis Bank, JSW Steel
Oil-to-telecom conglomerate Reliance Industries Ltd's net profit fell 15% to Rs 15,792 crore in the December quarter, while revenue from operations rose 15% to Rs 2.20 lakh crore. The net profit was below the estimates. The weak performance in the oil-to-chemicals (O2C) segment was partly offset by growth in the consumer businesses.