Reliance Industries showcased a robust quarterly performance, with its telecom segment leading the charge driven by strong ARPU and customer additions. The company’s retail and O2C segments also performed well, supported by festive demand and GST relief. Investors are anticipating future value unlocking from the upcoming Jio listing and the diversified portfolio.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs