Reliance Q1 Results Live Updates: Retail, Jio, oil & gas likely to drive earnings growth; O2C biz may decline
Reliance Q1 Results Live Updates: Reliance Industries Ltd (RIL), the billionaire Mukesh Ambani-led energy-to-telecom-to-retail conglomerate, will announce its Q1 results today. Reliance earnings for the quarter ended June 2024 is expected to be mixed, with a year-on-year (YoY) rise in revenue and profit, but a sequential decline in operating profit and margin, primarily due to challenges in its oil-to-chemicals (O2C) segment.
Analysts anticipate that the Reliance retail and telecom divisions will deliver strong performance, while its O2C business may decline due to weaker gross refining margins (GRMs). Stay tuned to our Reliance Q1 Results Live blog for the latest updates.Reliance Q1 Results Live: Reliance Q1 results to be announced todayReliance Q1 Results Live: Reliance Industries Ltd (RIL), the billionaire Mukesh Ambani-led energy-to-telecom-to-retail conglomerate, will announce its Q1 results today.
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