According to experts, oil-to-telecom conglomerate Reliance Industries (RIL) is expected to report sustained growth in revenue and net profit, aided by its telecom and retail businesses.
RIL’s consolidated Q3 revenue could range between ₹2.54 and ₹2.56 lakh crore, rising 6.2% to 7.1% YoY and 0.5% to 1% on a sequential basis. The company reported revenue of ₹2.54 lakh crore in the previous quarter and ₹2.39 lakh crore in Q3FY25.
Net profit is expected to rise by 2 to 3% compared to the previous quarter, between ₹18,550 crore and ₹18,700 crore, while remaining flat on a yearly basis. The company reported a net profit attributable to owners of ₹18,540 crore in Q3FY25 and ₹18,165 in the previous quarter.
Investors will closely track Reliance Industries’ Q3 results to gauge the performance of the retail, telecom and oil refining businesses. Management commentary on the overall business scenario will also be closely watched.
Other sets of companies that will announce earnings today are Jindal Saw, SML Mahindra, Bajaj Healthcare, Geojit Financial Services, and Kesoram Industries.