By Admin 
How was the condition of the oil and gas segment?
In the December quarter, the revenue of the oil and gas segment has declined by 8.4 percent as compared to last year. Due to lower revenue and maintenance activities, there was higher expenditure in operating costs, due to which the EBITDA of the oil and gas segment declined by 12.7 percent on an annual basis.
Reliance Retail
In the retail business, the performance of Reliance Retail has also been excellent in the December quarter. During this period, EBITDA increased marginally to Rs 6915 crore. In this the EBITDA margin was 8.0 percent.
Jio Platforms
In the telecom segment, EBITDA of Jio Platforms has increased by 16.4 percent year-on-year. Due to this, there has been an increase in revenue and operating leverage, due to which the margin has increased by 170 bps.
Why is India’s trade deficit with China increasing? Will this hollow out the economy?