Reliance Industries: Is FMCG the next big bet?
RIL's Q3FY26 results were flat, with net profit at ₹18,645 crore. Despite a 50% jump in Singapore GRMs, O2C growth was stifled by petchem weakness. With Jio and Retail listings imminent, the newly separated FMCG business RCPL is being positioned as a major valuation driver.
RIL's Q3FY26 results were flat, with net profit at ₹18,645 crore. Despite a 50% jump in Singapore GRMs, O2C growth was stifled by petchem weakness. With Jio and Retail listings imminent, the newly separated FMCG business RCPL is being positioned as a major valuation driver.
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