Reliance Shares Rise on Record Q1 Earnings

Reliance Industries, a big company in India, just shared its earnings for the first three months of the year.

They made a lot of money, more than ever before!

Their stock price went up a little bit.

The company has three main parts: oil and chemicals, telecom (Jio), and retail stores.

All three did well, but the retail part spent more money to grow, so it made a bit less profit.

Jio, their phone service, has over 500 million users.

Some experts think the company could make even more money in the future, especially if Jio becomes its own company and sells shares.

The stock is still not as high as it was a year ago, but it could go up if things keep going well.