Q3 results preview: Weak O2C biz likely to drag earnings for RIL again

Company's Ebitda may remain flat or decline marginally, say analysts

Reliance Industries Limited (RIL)’s core business is expected to once again drag earnings for the oil-to-telecom conglomerate in the third quarter of the current financial year (Q3FY25), said analysts.

 

Earnings estimates for the Mukesh Ambani-promoted entity are expected to either remain flat or decline marginally at the Ebitda level, compared to a year ago. Ebitda is earnings before interest, taxes, depreciation and amortisation.

 

RIL is slated to declare its financial results for Q3FY25 on January 16.  

 

In a Bloomberg poll, seven analysts estimated a consolidated revenue of Rs 2.37 trillion and six analysts foresaw a net income adjusted of