Apr 30, 2021 10:38 PM IST

Reliance Industries Q4FY21: Strong contribution from digital businesses likely to offset probable weakness in cyclical sectors

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

RIL to announce Q4 numbers today: Revenue expected to grow in double digits

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).

Strong digital contribution along with pick-up in legacy business boosts RIL bottom line

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

RIL's Q3FY21 earnings show strong sequential rebound across sectors; top 5 highlights of December quarter scorecard

The company posted a 40.5 percent sequential growth in consolidated profit at Rs 14,894 crore for the quarter ended December 31, 2020.

RIL Q3 preview: Telecom ARPU seen at Rs 149, petchem margin improvement likely

Retail business growth could be Rs 720 crore QoQ led by sequential rebound in revenues and margins, said Kotak.

Reliance Industries posts strong recovery in September quarter

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

RIL Q2 preview: Reliance Jio, Retail likely to show strong growth sequentially

Reliance Jio and Reliance Retail should drive next leg of growth, said Motilal Oswal.

RIL to announce Q1 earnings today; analysts expect Jio to lend support

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.

RIL to report Q4 earnings today: Jio business expected to support numbers

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.

Bharti to record highest ARPU rise in Q4; Jio EBITDA expected to grow 15% QoQ: Emkay

Emkay expects Bharti Airtel to record healthy performance with 17 percent sequential growth in wireless revenue, driven by an ARPU increase of 13 percent.

RIL reports highest-ever quarterly profit in Q3; should investors buy, sell or hold?

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.

Reliance Jio, Retail likely to be strong in Q3; petchem could see some pressure

Edelweiss expects Jio to add 30 million subscribers during the quarter, and a 2.6 percent jump in ARPUs.

'Q2 review: Bet on these 13 stocks for strong growth in FY21'

Earnings downgrade continued in the September quarter but there were no fresh negatives in terms of outlook in management commentaries.

Can Vodafone Idea’s parents rescue the sinking ship?

Should you buy, sell or hold RIL? Here is what top brokerages say

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.

Refining, telecom biz may boost RIL Q2 earnings; GRM could increase to $9.5/bbl

Brokerages expect the Reliance Jio subscriber growth to be robust with significant addition of users in Q2.

RIL may see good growth in Q1 revenue, GRM but margin may hit profitability QoQ

Key issues to watch out for would be GRM, petrochemical margin, telecom subscribers, future capex, and interest cost & depreciation.

RIL Q4 preview: Retail, Jio to drive consolidated PAT, refining segment expected to drag

Key segments, which expect to drive growth for the company, are retail and telecom.

Reliance Industries Q4 PAT may dip 2.5% YoY to Rs. 8,478.5 cr: Prabhudas Lilladher

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.

Reliance industries (Consolidated) Q4 PAT seen up 10% YoY to Rs. 10,338 cr: Kotak

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.

Reliance industries (Standalone) Q4 PAT may dip 1% YoY to Rs. 8,616 cr: Kotak

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.

Brokerages gives a thumbs up to RIL Q3 show; should you buy, sell, or hold?

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.

RIL to announce Q3 result today; here's what to watch for

Most analysts expect gross refining margins at around $8.5-9 a barrel for the quarter ended December 2018

Reliance Industries (Consolidated) Q3 PAT seen up 2% YoY to Rs. 9,627 cr: Kotak

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.

Reliance Industries (Standalone) Q3 PAT seen up 5% YoY to Rs. 8,886 cr: Kotak

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.