Reliance Industries beat expectations for third-quarter profit on Thursday, as its retail business benefited from strong festive demand, while its telecom unit was bolstered by higher cellular tariffs and a rise in 5G subscribers.

Jio Platforms Ltd (JPL), which operates India’s largest mobile network operator Reliance Jio, on Tuesday reported a 26 per cent year-on-year (Y-o-Y) increase in net profit to Rs 6,861 crore for the third quarter (October-December) of FY25,

Revenue from operations, however, moved up 7.1 per cent to Rs 9,660.9 crore in Q3 FY25 from Rs 9,016.6 crore in the corresponding period last fiscal.

Reliance Industries on Thursday reported a better-than-expected third-quarter profit, helped by strong performance across its energy, retail and digital services segments.

Revenue rose 7.6% to 417.64 billion rupees ($4.83 billion) in the October-December period, surpassing average analysts' estimate of 412.78 billion rupees, according to data compiled by LSEG. Infosys also raised its full-year revenue growth forecast to 4.

Infosys CFO Jayesh Sanghrajka said the firm is on track to meet its hiring commitment and will hire over 15,000 staff in the current fiscal year. "We are expecting 20,000 plus fre