Results: Reliance Industries posted Q3 profit at Rs 21,804 crore, up 11.88 per cent as against Rs 19,488 crore during the same quarter of previous financial year.

Reliance Industries Q3 net profit rises 7.3%, driven by retail and Jio; EBITDA up 7.8%, debt at ₹3.5 lakh crore.

Shares of Reliance Industries climbed as much as 5% in early trade on Friday, after the country's most valuable company topped quarterly profit estimates on strong demand in its retail and telecom units.

Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit as retail business rebounded, telecom earnings surged on higher tariffs and mainstay oil and petrochemicals business delivered consistent performance.