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Reliance Industries Ltd (RIL) reported its Q4 results, revealing a nearly flat net profit of Rs 18,951 crore, slightly falling by 2% year-over-year but still surpassing market expectations. The company's annual profit reached a record high of Rs 69,621 crore. Despite challenges in the petrochemicals sector, RIL's energy business provided a significant boost to its earnings. Additionally, the board approved a dividend of Rs 10 per share. Reliance Retail also showed strong performance with a 12% year-over-year increase in consolidated PAT, crossing the Rs 10,000 crore annual profit mark.
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