Reliance Industries (RIL) on Friday beat estimates on all the fronts in its earnings for the January-March quarter driven by a recovery in its oil-to-chemicals (O2C) business and strong performance of digital and retail arms. Net profit during the quarter 2.4% year-on-year to Rs 19,407 crore, exceeding Bloomberg’s consensus estimate of Rs 18,471 crore. The company’s revenue from operations increased by 10% to Rs 2.64 lakh crore, also ahead of expectations. Total expenditure rose in tandem, climbing 10% to Rs 2.4 lakh crore for the quarter.