Reliance Industries reports Q1 profit of Rs 9,485 crore; meets Street estimates

Oil-to-telecom behemoth Reliance Industries on Friday posted 4.47 per cent rise in net profit at Rs 9,485 crore for the quarter ended June. It had posted a net profit of Rs 9,079 crore in the corresponding quarter last year. Reliance Jio reported net profit of Rs 612 crore in Q1 FY19 over net profit of Rs 510 crore in the sequential quarter ended March 2018.