Reliance Industries Q4 Results Live Updates: Stock near day's low ahead of earnings; Retail, Jio growth eyed

HomeMarket NewsReliance Industries Q4 Results Live Updates: Stock near day's low ahead of earnings; Retail, Jio growth eyed

Reliance Industries Q4 Results LIVE Updates: The Nifty 50 heavyweight Reliance Industries Ltd. (RIL) is set to report its fourth quarter earnings post market hours today. A CNBC-TV18 poll has estimated the Mukesh Ambani-led conglomerate's revenue to increase by 3% to ₹2.73 lakh crore in the fourth quarter from ₹2.65 lakh crore sequentially.

Its earnings before interest tax depreciation and amortization (EBITDA) is estimated to decline by 3% to ₹44,621 crore from ₹46,018 crore in the previous quarter. Its operating margin is likely to contract to 16.3% from 17.4% in the third quarter. The poll has also estimated its profit after tax to decline 5% in the fourth quarter to ₹17,715 crore from ₹18,645 crore in the previous one. RIL's oil-to-chemicals and oil and gas segments are key to watch out for as they may see weakness due to the disruption in global energy markets. Its telecom and retail segments are likely to report a strong performance on an annual basis. The stock is trading lower in today's session. It has declined over 15% in this year, so far.

Watch this space for LIVE Updates on Reliance Industries (RIL) Q4 results, brokerage views, management commentary, stock movement and more.