Consumer Biz Booms, Energy Hit by Geopolitical Shock
Reliance Industries Limited · RELIANCE · NSE ·
Consolidated Q4 EBITDA was flat as strong 14% growth in consumer businesses (Jio & Retail) was completely offset by a decline in the energy segment. The Oil-to-Chemicals (O2C) segment was **severely impacted** by the March 2026 geopolitical crisis in the Strait of Hormuz, causing…