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\”Reliance Industries Ltd\’s (RIL) strong earnings will keep leverage in check as the company continues to pursue growth ambitions. We expect the company\’s debt-to-EBITDA ratio to remain commensurate with the rating (BBB+/Stable/–),\” S&P said in a note.
Reliance Share Price: RIL shares, which have gained around 14% in the calendar year so far, were trading flat in Tuesday\’s morning trade but brokerages have increased their targets going up to Rs 3,500-mark.
Reliance Jio Q4 Results: The revenue for the reported quarter stood at Rs 25,959 crore versus ETNOW poll of Rs 26,000 crore. The profit after tax was up by 2.4% over Rs 5,208 crore reported in the December ended quarter. The average revenue per user (ARPU) for the quarter stood at Rs 181.7 million, which was same as the last quarter while going 1.6% up over the corresponding period of last financial year.
Reliance Retail Q4 Results: RRVL reported strong financials with Q4 net profit at Rs 2,698 crore and revenue of Rs 67,610 crore. EBITDA increased, store footprint expanded, and total revenue crossed Rs 3 lakh crore.
JPL\’s Q4 net profit increased by 12%. For the January-March period, JPL\’s consolidated net profit rose to Rs 5583 crore from Rs 4984 crore a year ago and Rs 5445 crore in the previous three months ended December, it said in a statement Monday.
In its earnings release, Reliance Retail said it undertook an equity fund raise of Rs 17,814 crore in FY24, including Rs 2,500 crore infused by Reliance Industries during the March quarter. It did not specify where the capital would be utilized.
Q4 results today: 15 companies, including RIL, will reveal quarterly results. RIL expected to announce dividend. RIL may see revenue growth, EBITDA increase, and net profit drop.
RIL Q4 Preview: On an average, four brokerages anticipate a year-on-year growth in fourth-quarter revenue from operations of up to 12%.
RIL Q4 results today: Reliance Industries to announce Q4 results with expected revenue growth. Analysts predict strong retail and telecom segment performance. Stock consolidating pre-earnings, may rally with positive results, reaching Rs 3,070.
The market capitalisation (mcap) of BSE-listed companies was eroded by Rs 7,93,529.61 crore to Rs 3,94,25,823.46 (USD 4.75 trillion) in three days.
Reliance Industries Ltd to announce March quarter results on April 22, including potential dividend approval. Analysts anticipate profit decline and revenue growth. O2C business is expected to see refining throughput decline and GRM increase.
He will enter with 17.3% equity stake, which is set to increase over a period of time. Modulus is raising its second fund, targeting growth in the Indian private credit market, projected to be a $100-billion opportunity.