scorecardresearchReliance Warns of Global Recession Headwinds After Profit Miss

Reliance Warns of Global Recession Headwinds After Profit Miss

Updated: 24 Jul 2022, 09:24 AM IST
TL;DR.
(Bloomberg) -- Reliance Industries Ltd. has warned that a global recession can hurt oil refining margins, flagging the possibility of more pain ahead after the owner of world’s largest refining complex posted a lower-than-expected profit.
New Delhi: In this Thursday, Oct 11, 2018 file photo, Reliance Industries Ltd. Chairman Mukesh Ambani at the launch of Centre for the Fourth Industrial Revolution India, in New Delhi. Ambani resigned from the board of Reliance Jio on Tuesday, June 28, 2022. (PTI Photo/Kamal Singh)(PTI06_28_2022_000109B)

New Delhi: In this Thursday, Oct 11, 2018 file photo, Reliance Industries Ltd. Chairman Mukesh Ambani at the launch of Centre for the Fourth Industrial Revolution India, in New Delhi. Ambani resigned from the board of Reliance Jio on Tuesday, June 28, 2022. (PTI Photo/Kamal Singh)(PTI06_28_2022_000109B)