Reliance Q2 Results: ₹22,000 Cr Profit | Jio, Retail, O2C Drive Growth | Mukesh Ambani | Business　 #ETNOW

Mukesh Ambani–led Reliance Industries delivered a blockbuster quarter with ₹22,000 crore net profit, up 13% year-on-year.
All segments — Retail, Jio, and O2C — reported strong performance, with retail revenue up 8% and Jio ARPU steady at ₹211.

Brokerages remain bullish:

Macquarie: Target ₹1650, Outperform, expects 15% EPS CAGR through FY28.

Morgan Stanley: Target ₹1701, Overweight, sees stock re-rating ahead of Jio’s listing.

The company also continues its green energy expansion with solar module ramp-up and AI data center plans.
Watch this video for a complete breakdown of Reliance’s Q2 earnings, analyst views, and what’s next for India’s largest conglomerate.

#relianceindustries #mukeshambani #relianceq2results #jio #relianceretail #stockmarket #earningsupdate

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