Q2 result preview: O2C business may drag RIL to another weak quarter

Quick Summary:

In a Bloomberg poll, six analysts estimated revenue of Rs 2.39 trillion and three analysts estimated a net income adjusted of Rs 20,045 crore.

If analyst estimates hold, this will be the third consecutive quarter when RIL’s consolidated net profit will dip.

The brokerage firm expects Ebitda for the O2C business to fall 27 per cent from a year ago.

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Article Details

Category: BusinessFinance

Markets: India

Topics: RIL RIL quarter Reliance Industries RIL business

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 00:25:06 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 340 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 49 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22958488

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