Reliance Industries on Monday reported a 5.1% increase in O2C (Oil to Chemicals) revenue, reaching ₹1.56 lakh crore compared to ₹1.48 lakh crore last year.

However, EBITDA plummeted 23.8% to ₹12,413 crore, while the EBITDA margin fell to 8% from 11%, due to the ongoing margin pressures faced by the sector amid rising costs and fluctuating demand.

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