Asian Paints exit pumps RIL’s profit to record Rs 31,000 crore in Q1

Reliance Industries reported a 76% surge in quarterly profit, reaching Rs 30,681 crore, driven by gains from stake sales and robust growth across its O2C, retail, and digital services. Jio’s strong performance, with an ARPU of Rs 209 and a large customer base, significantly contributed to the overall positive results.