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RIL Q4 Results: Reliance Industries reported a 2% fall in net profit to Rs 18,951 crore for the March 2024 quarter. Revenue from operations surged 11% to Rs 2.4 lakh crore, with strong growth in EBITDA and various business segments.
RIL announced record pre-tax profits, Rs 10 lakh crore annual revenue, 2% net profit decline, Rs 178,677 crore EBITDA, Rs 1,16,281 crore net debt, O2C & Jio growth, higher dividend, strong Retail performance.
Jio Infocomm numbers were spot on to analyst estimates, which pegged the company\’s net profit at Rs 5,308 crore as per an average of estimates compiled by ET. The Mukesh Ambani-led telco’s March quarter revenue from operations came in 2.3% higher sequentially at Rs 30,541 crore compared to Rs 29,853 crore in the fiscal third quarter and Rs 27,539 crore a year ago.
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.
Reliance Industries Ltd will announce its March quarter results on April 22. Along with the quarterly numbers, the company\’s board will also consider and approve a dividend.
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.