Mouthpiece1 Reliance suffers worst profit fall in over 11 years on weak fuel demand
By Administrator_India Capital Sands Reliance Industries Ltd, operator of the world’s biggest refining complex, reported a 39% slump in its March quarter profit, the steepest drop since December 2008, as a sharp fall in oil prices and lower fuel demand hammered its dominant energy businesses. The company, India’s largest by market value, posted consolidated profit …