Reliance Q4 result today: RIL net profit may fall 5-10%, quarterly results due (2024)

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Reliance Q4 Results LIVE: Akash Ambani said, “Jio continues to maintain its networkleadership and offer innovative digital solutions to multiple customer cohorts. This is driving consistentoutperformance in terms of subscriber additions and engagement levels. Continued acceleration in growthof JioAirFiber subscriber base and ramp-up of digital services will sustain industry-leading growth for Jio.”

Reliance Q4 Results LIVE: Mukesh Ambani said, "Performance of the digital services segment has been boosted by accelerated expansion of subscriber base, supported by both mobility and fixed wireless services. With over 108 million True 5G customers, Jio truly leads the 5G transformation in India. From upgrading the hitherto 2G users to smartphones, to leading the effort of producing AI-driven solutions, Jio has proved its capability in strengthening the nation’s digital infrastructure."

Reliance Q4 Results LIVE: Oil and Gas (exploration & production) Segment's quarterly revenue at ₹6,468 crore ($ 775 million), up 42.0% YoY.

Reliance Q4 Results LIVE: Mukesh Ambani said, "Reliance Retail continued to provide customers endless choices through its robust omni-channel presence. We continue to offer product differentiation and superior offline experience through stores remodelling and revamping of layouts. Our digital commerce platforms also provide newer solutions to users with a broad brand catalogue. Reliance Retail also works towards strengthening millions of merchants through its unique initiatives in new commerce space."

Reliance Q4 Results LIVE: Reliance Retail Ventures Limited (RRVL) reported a consolidated net profit of ₹2,698 crore for the quarter ended March 31, 2024.

Reliance Q4 Results LIVE: Reliance Retail posts 12% rise in net profit, revenue up 10.6%

Reliance Q4 Results LIVE: ARPU was ₹181.7 with better subscriber mix partially offset, the company said.

Reliance Q4 Results LIVE: Annual retail profit of rel retail crosses ₹10,000 crore mark

Reliance Q4 Results LIVE: RIL approves dividend of ₹10 per share

Reliance Q4 Results LIVE: RIL revenue grows 11% to ₹2.40 lakh crore

Reliance Q4 Result LIVE: Reliance Jio announces that Sanjay Mashruwala has resigned as Managing Director.

Reliance Q4 Result LIVE: Net profit stood at ₹4,717 cr in corresponding quarter of previous financial year.

Reliance Q4 Result LIVE: Jio will disclose its average revenue per user (ARPU) and subscriber additions shortly.

Reliance Q4 Result LIVE: The net profit rose 3 percent from previous quarter and revenue from operations came at ₹25,959 crore while margin is at 52.4% versus 52.3% (QoQ), the company shared.

Reliance Q4 Result LIVE: Jio posts 13% YoY rise in net profit at ₹5,337 crore

Reliance Q4 Result LIVE: Jio to announce earnings shortly

Reliance Q4 Result LIVE: Nomura said, “We project O2C EBITDA at ₹15,600 crore, up 11% QoQ, driven by robust refining margins, while petrochemicals remain stable. Upstream EBITDA is estimated at ₹5,600 crore, a 4% QoQ decline, attributed to slightly higher operating expenses despite increased volumes.”

Reliance Q4 Result LIVE: Key things to watch out for include- debt profile, guidance on capital expenditure and commissioning schedule of new energy business.

Reliance Q4 Result LIVE: RIL shares end 0.67% higher on NSE ahead of Q4 results announcement

Reliance Q4 Result LIVE: Reliance Industries (RIL) shares surpassed the benchmark Nifty, soaring nearly 14% year-to-date.

Reliance Q4 Result LIVE: For consolidated revenue, Reliance Industries registered a 3.2 percent rise at ₹248,160 crore in Q3.

Reliance Q4 Result LIVE: Mukesh Ambani said, “The strong uptake of the JioBharat phone and JioAirFiber services has resulted in the continued expansion of Jio’s subscriber base, contributing to the stellar growth numbers of the digital services business."

Reliance Q4 Result LIVE: Reliance Industries logged a 10.9 per cent rise in consolidated profit after tax (PAT) during the October-December 2023 quarter at ₹19,641 crore.

Reliance Q4 Result LIVE: RIL shares traded almost flat at ₹2,946.25 apiece on BSE during mid trading session.

Reliance Q4 result today: As per JM Financial, RIL’s O2C EBITDA may rise 11.8 per cent sequentially to ₹15,700 crore.

Reliance Q4 result today: JP Morgan noted that that Reliance gains from the surge in crude prices, leveraging its oil production from fields along the nation’s eastern coast, saying, “A continued upward bias to oil should drive outperformance for RIL over the rest of the market and other Indian energy stocks."

Reliance Q4 result today: In a regulatory filing, the company said that "a meeting of the Board of Directors of the Company is scheduled to be held on Monday, April 22, 2024, inter alia, to: consider and approve the standalone and consolidated audited financial results of the company for the quarter and year ended March 31, 2024; and to recommend dividend on equity shares of the Company for the financial year ended March 31, 2024.”

Reliance Q4 result today: ICICI Securities said that it expects Reliance to see a sharp jump in its OTC segment earnings QoQ with an estimated $1 a barrel QoQ improvement in GRMs.

Reliance Q4 result today: Emkay Global noted, “O2C Ebitda rise 16 per cent QoQ to ₹16,260 crore; upstream Ebitda down 4 per cent QoQ to ₹5,570 crore; retail Ebitda may rise 1 per cent QoQ; Jio ARPU may rise 0.4 per cent QoQ, 10.5 million subscribers additions in Q4FY24.”

Prabhudas Lilladher noted, “For Reliance's standalone segment, refining margins are expected to improve; however, petchem will remain under pressure. We expect a 2 per cent QoQ subscriber growth and flat ARPU at ₹182 per month growth in Jio while the retail segment should continue its resilient performance.”

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