Author: Manvendra Chauhan
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India: Reliance reports robust earnings from oil-to-chemicals business despite weak polymer demand
O2C EBITDA rises over 17% y-o-y despite challenging operating environment Domestic polymer demand contracts on high prices, Middle East disruptions Reliance Industries Ltd. (RIL) reported a strong operational performance from its Oil-to-Chemicals (O2C) business during Q1 FY27, although the company’s commentary highlighted one of the weakest quarters for India’s polymer industry in recent years. While…