<p>Indian oil-to-telecoms congolomerate Reliance Industries Ltd's quarterly profit fell for the first time in three years, as its dominant energy business suffered lower demand due to the coronavirus outbreak.</p>.<p><strong><a href="https://www.deccanherald.com/national/coronavirus-live-updates-india-sees-lowest-daily-growth-rate-tally-crosses-26k-concerns-mount-over-maharashtra-827545.html" target="_blank">For latest updates and live news on coronavirus, click here</a></strong></p>.<p>Reliance, led by Asia's richest man Mukesh Ambani, said on Thursday its consolidated profit plunged to 63.48 billion rupees ($845 million) in the three months ended March 31, from 103.62 billion rupees a year earlier.</p>.<p>Revenue from operations fell to 1.39 trillion rupees from 1.43 trillion rupees a year earlier. ($1 = 75.1210 Indian rupees)</p>
<p>Indian oil-to-telecoms congolomerate Reliance Industries Ltd's quarterly profit fell for the first time in three years, as its dominant energy business suffered lower demand due to the coronavirus outbreak.</p>.<p><strong><a href="https://www.deccanherald.com/national/coronavirus-live-updates-india-sees-lowest-daily-growth-rate-tally-crosses-26k-concerns-mount-over-maharashtra-827545.html" target="_blank">For latest updates and live news on coronavirus, click here</a></strong></p>.<p>Reliance, led by Asia's richest man Mukesh Ambani, said on Thursday its consolidated profit plunged to 63.48 billion rupees ($845 million) in the three months ended March 31, from 103.62 billion rupees a year earlier.</p>.<p>Revenue from operations fell to 1.39 trillion rupees from 1.43 trillion rupees a year earlier. ($1 = 75.1210 Indian rupees)</p>