Mukesh Ambani-led Reliance Industries Limited (RIL) on Friday posted a profit of Rs 11,262 crore results for the second quarter of the financial year 2019-20. Telecom arm Jio also reported strong numbers, posting a profit of Rs 990 crore. Reliance Industries reported Q2 results below street estimates last year. RIL had reported a net profit of Rs 9,516 crore, up 17 percent on-year. RIL today added another feather to its cap by becoming the first Indian firm to hit the Rs 9 lakh crore market valuation mark in intra-day trade. The company’s market valuation zoomed to Rs 9,05,214 crore on the BSE during the day. However, at the close of trade, the company’s market capitalization (m-cap) settled at Rs 8,97,179.47 crore.