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India's Reliance doubles profit on chemicals rebound

BENGALURU, April 30 (Reuters) - India’s Reliance Industries Ltd said on Friday its March-quarter profit more than doubled, as easing coronavirus curbs fueled stronger demand globally for petrochemicals products.

The oil-to-telecoms conglomerate, led by billionaire Mukesh Ambani, said consolidated profit climbed to 132.27 billion rupees ($1.79 billion) in the fourth quarter, from 63.48 billion rupees a year earlier. ($1 = 73.9750 Indian rupees) (Reporting by Sachin Ravikumar in Bengaluru; Editing by Sriraj Kalluvila)

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