RIL Share Price Trades Higher Ahead Of Q2 Results — What To Expect
RIL is scheduled to announce the Q2 results after market hours on Friday.
Reliance Industries Ltd. share price traded higher on Friday ahead of the second-quarter financial results.
The scrip jumped 1.8% intraday to Rs 1,423.3 apiece. The benchmark Nifty 50 was up 0.7%. The total traded turnover was Rs 1,332 crore on the NSE.
The total traded volume so far in the day stood at xx times its 30-day average. The relative strength index was at 54.
The stock has risen 5% in the last 12 months and 17% on a year-to-date basis.
RIL Q2 Estimates
Reliance Industries is expected to report subdued earnings in the second quarter of the financial year 2026, with modest revenue growth but a sharp decline in net profit due to a one-off gain in the previous quarter.
Jio is likely to continue its steady upward trajectory, supported by tariff hikes and subscriber additions.
The oil-to-telecom conglomerate's July-September quarter revenue is expected to rise 1.7% on a sequential basis. Operating margin is projected to improve to 18.2% from 17.6%.
RIL is scheduled to announce the Q2 results after market hours on Friday.
Besides the headline numbers, the street will closely monitor the margin trends in the refinery and petrochemical segments, which have struggled lately.
Retail performance during the festive season will also be under watch. GST cuts on apparel in late September are expected to give a fillip to demand.
Commentary on potential tariff hikes ahead of Jio's IPO and Jio Fibre's growth trajectory will also be of interest.
