Hello and welcome to our live coverage on RIL Q1 results.
Reliance Industries is set to announce its June quarter (Q1 FY27) results later today, with analysts expecting profit growth to outpace revenue.
The oil-to-chemicals (O2C) business is expected to drive earnings growth, supported by stronger petrochemical spreads and higher refinery margins. Jio is likely to post steady growth, aided by a modest rise in average revenue per user (ARPU) and subscriber additions. In contrast, retail earnings may remain under pressure due to softer margins, while the oil and gas business is expected to see muted performance on lower production.
Investors will closely track management's commentary on crude sourcing, refinery and petrochemical margin outlook, retail demand, the new energy business, Jio tariff plans ahead of a potential IPO, JioFiber growth, capital expenditure and debt.
Reliance Industries Q1 Live: Jio Growth Seen Driven By Higher ARPU And Customer Additions
Reliance Jio is expected to report steady sequential growth in the June quarter. Analysts expect earnings to benefit from a modest increase in ARPU and a rise in subscribers, with customer upgrades supporting revenue growth.
Jio Q1 Results Live: Subscriber Base Seen Crossing 53 Crore
- Reliance Jio's subscriber base is expected to reach 53.3 crore.
- That compares with 52.4 crore in the previous quarter.
Jio Q1 Results Live: ARPU Seen Rising To Rs 216
- Reliance Jio's average revenue per user (ARPU) is expected to increase to Rs 216 from Rs 214 in the previous quarter.
- Analysts attribute the improvement to customer upgrades.
RIL Q1 Results Live: Retail EBITDA Seen Falling 2%
- Retail EBITDA is estimated to decline 2% sequentially to Rs 6,784 crore.
- Analysts expect margins to remain under pressure during the quarter.
RIL Q1 Results Live Updates: O2C Business Seen Leading Earnings Growth
The oil-to-chemicals (O2C) business is expected to be the biggest driver of Reliance Industries' June quarter earnings. Analysts expect O2C EBITDA to rise 11% sequentially to Rs 16,146 crore, supported by stronger petrochemical spreads and higher refinery margins at the SEZ refinery.
Reliance Industries Q1 Live: Ebitda Seen Rising 5%
- Analysts expect Ebitda to increase 5% quarter-on-quarter to Rs 46,367 crore.
- Ebitda margin is seen improving to 15.4% from 15% in the previous quarter.
RIL Q1 Results Live: Revenue Seen At Rs 3.01 Lakh Crore
- Consolidated revenue is expected to increase 2.4% sequentially to Rs 3,01,024 crore.
- Revenue is estimated at Rs 3,01,024 crore versus Rs 2,94,059 crore in the March quarter.
Reliance Q1 Earnings Live: Net Profit Seen Rising 20% Sequentially
- Analysts expect Reliance Industries' consolidated net profit to rise 20% quarter-on-quarter to Rs 20,451 crore.
- Profit is estimated at Rs 20,451 crore compared with Rs 16,971 crore in the previous quarter.