RIL Q2 Review: Record O2C Earnings, Retail Weakness And A Brokerage Divide
RIL reported a strong Q2 performance, driven by a sharp recovery in its oil-to-chemicals (O2C) business and a refining-led earnings boost. Consolidated EBITDA rose to a 17-quarter high, supported by healthy contributions from refining and telecom operations. While Jio continued to benefit from steady subscriber additions, the retail business remained relatively subdued, weighing on overall consumer segment performance
