RIL’s EBITDA margin hits seven-quarter high as O2C strength offsets retail weakness

ET Intelligence Group: Reliance Industries’ (RIL) consolidated operating margin before depreciation and amortization (EBITDA margin) crossed double digits for the first time in seven quarters, helped by strong performance from its oil-to-chemicals (O2C) division amid higher realization and domestic sales of fuel products. This partially offset weakness in the retail segment due to a shift […]