Diversified conglomerate Reliance Industries Ltd has reported better-than-expected profit for the quarter ended December. The company registered a 9.3% year-on-year growth in its consolidated net profit, amounting to Rs 17,265 crore. This impressive performance was mainly due to the strong show put up by its digital and retail businesses, which helped compensate for the weakness in the mainstay oil-to-chemicals business. The positive financial results have exceeded market estimates, offering hope and confidence to investors on Dalal Street.