Apr 30, 2021 10:38 PM IST
RIL reported a strong sequential improvement for its Oil derivative and retail segments. Petrochemicals exhibited elevated product spreads and in the case of retail, the trend of sequential recovery continued across consumption baskets. Jio continued to report strong numbers despite lower ARPU
- Apr 30, 2021 08:23 AM IST
According to JM Financial, PAT is likely to be flattish QoQ due to assumption of higher tax rate at around 13 percent (versus around 1 percent in Q3FY21).
- Jan 22, 2021 11:28 PM IST
The key trend-setter remains the telecom business Reliance Jio, with performance driven by the tailwinds of the work from home culture, tariff hikes, traction in digital platform services and strong pick-up in JioGigaFiber services
- Jan 22, 2021 09:47 PM IST
The company posted a 40.5 percent sequential growth in consolidated profit at Rs 14,894 crore for the quarter ended December 31, 2020.
- Jan 22, 2021 08:56 AM IST
Retail business growth could be Rs 720 crore QoQ led by sequential rebound in revenues and margins, said Kotak.
- Oct 30, 2020 11:26 PM IST
In the coming days, investors should watch out for RIL's rollout of 5G solutions, scale-up of retail business, traction in technological innovations and spin-off of the oil to chemicals (O2C) business
- Oct 30, 2020 09:29 AM IST
Reliance Jio and Reliance Retail should drive next leg of growth, said Motilal Oswal.
- Jul 30, 2020 11:11 AM IST
On the Jio front, Kotak Institutional Equities expects EBITDA to increase by Rs 1,060 crore QoQ led by a modest rise in subscriber base to 396 million and ARPU to Rs 137 per month.
- Apr 30, 2020 07:35 AM IST
Centrum Broking said non-energy businesses continued to save the day for RIL, which is likely to see a sharp $1.2 a barrel QoQ dip in GRMs and a 7 percent QoQ decline in Petchem EBIT.
- Apr 08, 2020 01:20 PM IST
Emkay expects Bharti Airtel to record healthy performance with 17 percent sequential growth in wireless revenue, driven by an ARPU increase of 13 percent.
- Jan 20, 2020 10:31 AM IST
Japanese brokerage Nomura also has a buy rating on Reliance with a target price of Rs 2,020 as numbers were largely in-line with petchem much weaker, but offset by better refining & retail.
- Jan 17, 2020 09:54 AM IST
Edelweiss expects Jio to add 30 million subscribers during the quarter, and a 2.6 percent jump in ARPUs.
- Nov 19, 2019 01:13 PM IST
Earnings downgrade continued in the September quarter but there were no fresh negatives in terms of outlook in management commentaries.
- Oct 31, 2019 10:32 AM IST
- Oct 22, 2019 10:18 AM IST
As of October 18, the stock is up 26 percent on the BSE in Calendar 2019, in comparison to a 9 percent rise in the benchmark Sensex.
- Oct 18, 2019 11:18 AM IST
Brokerages expect the Reliance Jio subscriber growth to be robust with significant addition of users in Q2.
- Jul 19, 2019 09:40 AM IST
Key issues to watch out for would be GRM, petrochemical margin, telecom subscribers, future capex, and interest cost & depreciation.
- Apr 18, 2019 10:16 AM IST
Key segments, which expect to drive growth for the company, are retail and telecom.
- Apr 12, 2019 12:22 PM IST
Net Sales are expected to decrease by 0.7 percent Y-o-Y (down 16.7 percent Q-o-Q) to Rs. 86,598.8 crore, according to Prabhudas Lilladher.
- Apr 10, 2019 04:23 PM IST
Net Sales are expected to increase by 35 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 158,057.6 crore, according to Kotak.
- Apr 10, 2019 04:20 PM IST
Net Sales are expected to increase by 20 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 100,655.4 crore, according to Kotak.
- Jan 18, 2019 09:21 AM IST
The oil-retail-to-telecom giant reported a better-than-expected 7.7 percent sequential growth in third quarter consolidated net profit at Rs 10,251 crore, driven by other income as well as telecom and retail segments.
- Jan 16, 2019 11:45 AM IST
Most analysts expect gross refining margins at around $8.5-9 a barrel for the quarter ended December 2018
- Jan 09, 2019 06:43 PM IST
Net Sales are expected to increase by 39 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 1,38,890.7 crore, according to Kotak.
- Jan 09, 2019 06:37 PM IST
Net Sales are expected to increase by 24 percent Y-o-Y (down 6 percent Q-o-Q) to Rs. 90,737.3 crore, according to Kotak.