Business Standard

Wednesday, December 25, 2024 | 01:08 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Q3 results preview: RIL net seen rising a tad on higher petchem earnings

In a Bloomberg poll, eight analysts estimated a consolidated revenue of Rs 1.4 trillion for the quarter under review and a net profit of Rs 9,609 crore

Q3 results preview: RIL net seen rising a tad on higher petchem earnings
Premium

Amritha PillayRomita Majumdar Mumbai
Mukesh Ambani-led Reliance Industries (RIL) is expected to take a further hit on its gross refining margins (GRM), which have touched a multi-year low for the quarter ended December 2018. 

Overall profit of the company is expected to see a marginal year-on-year (Y-o-Y) growth with higher petrochemicals earnings. RIL will announce its results for the December 2018 ended quarter on Thursday. With most digital business announcements now officially made, analysts add there may not be much to look for in the management guidance by RIL.
 
In a Bloomberg poll, eight analysts estimated a consolidated revenue of Rs 1.4 trillion for

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in