---
title: "India's Reliance seen posting quarterly profit fall on crude price surge"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283930554.md"
description: "Reliance Industries, led by Mukesh Ambani, is anticipated to report a 3.7% decline in its March-quarter profit due to rising crude prices influenced by the Middle East conflict. However, the company's revenue is expected to increase by 8.1% year-over-year."
datetime: "2026-04-24T03:51:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283930554.md)
  - [en](https://longbridge.com/en/news/283930554.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283930554.md)
---

# India's Reliance seen posting quarterly profit fall on crude price surge

April 24 (Reuters) - Billionaire Mukesh Ambani-led Reliance Industries is set to report a decline in March-quarter profit on Friday, as the Middle East war-driven spike in crude prices weighed on its mainstay oil-to-chemicals business, analysts said. The company's consolidated net profit is expected to fall 3.7% year-over-year in the fourth quarter, while revenue is seen rising 8.1%, according to

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