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Indian billionaire Mukesh Ambani's Reliance Industries beat estimates for quarterly profit on Friday, powered by strong growth in its energy, retail and digital services businesses.
Consolidated profit soared 78.3% to 269.94 billion rupees ($3.14 billion)for the quarter ended June 30, beating analysts' average estimate of 198.59 billion rupees, according to data compiled by LSEG. ($1 = 86.0620 Indian rupees)
(Reporting by Sethuraman NR and Chandini Monnappa; Editing by Anil D'Silva)