India's Reliance reports drop in Q2 profit
Reliance Industries shares slip by 1% after profit decline in Q2
Shares of Reliance Industries Ltd fell by over 1% after reporting a net profit decline of 5% in the July-September quarter due to weak oil refining and petrochemical sectors. Consolidated net profit dropped to Rs 16,
Reliance Industries Q2 results today: Net EBITDA to O2C biz—5 key things to watch out for
Mukesh Ambani-led oil-to-telcom conglomerate is expected to report muted growth due to a weaker oil-to-chemicals (O2C) business, while net profit is likely to rise 9-10 per cent.
India's Reliance reports drop in Q2 profit as energy business weighs
India's Reliance Industries reported a drop in second-quarter profit on Monday, as its oil-to-chemicals (O2C) business grappled with lower margins, more than offsetting a boost from price increases for the company's mobile services.
Reliance Industries Reports 4.7% Drop in Q2 Profit
Reliance Jio's net profit surged 23.2% year-on-year, reaching ₹6,231 Crore, while revenue increased by 14.5%, rising to ₹28,338 Crore.
Reliance Q2 Results Review: Net profit drops but brokerages remain bullish with up to 26% upside potential
Reliance Industries experienced a 5% YoY drop in Q2FY25 net profit to ₹16,563 crore, largely from its O2C segment. Yet, digital services and upstream business growth signal resilience, leading brokerages to uphold positive ratings and price targets amid ongoing challenges.
These are the key triggers for Reliance Industries shares post Q2 results
Out of the 37 analysts that have coverage on Reliance Industries, 28 of them have a "buy" recommendation on the stock, six of them say "hold", while three have a "sell" recommendation.
Reliance Industries Q2 net drops 3% on weaker refining margin
Reliance Industries, India's largest company by market value, reported a 3% drop in Q2 FY25 profit due to weak refining margins, despite stable revenue at nearly Rs 2.4 lakh crore. The company emphasized growth in its digital services (Jio) and upstream (oil & gas) businesses to offset O2C business declines.
Reliance reports drop in Q2 profit on weak fuel margins
Revenue from Reliance's oil-to-chemicals (O2C) operations rose about 5% year-on-year to 1.56 trillion rupees, compared to an 18% growth in the first quarter.
Reliance Industries Q2 net profit drops 2.8% to ₹19,323 crore
Reliance Industries Ltd's Q2 results show stable revenue, growth in digital services, and challenges in O2C and retail segments.
Reliance Industries Q2 net profit dips 4.77% YoY to Rs 16,563 crore
Mukesh Ambani -led Reliance Industries Ltd (RIL) on Tuesday reported its financial results for the second quarter of FY25, posting a net profit of Rs 16,563 crore, down 4.77 per cent from Rs 17,394 crore reported in the year-ago period.
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Why Reliance Industries Did Not Announce Ex-Date For Its 1:1 Bonus
Mukesh Ambani owned Reliance Industries Ltd. had announced a bonus issue of 1:1 on the day of its AGM on Aug. 29, 2024. The ...
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Reliance Industries: BREAKDOWN! RIL stock hits 8-month low after Q2 results
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Reliance Misses Profit Estimate on Poor Show by Energy Units
Reliance Industries Ltd., controlled by billionaire Mukesh Ambani, reported profit that again missed analysts’ estimates, as ...
Reliance Industries records robust growth in digital services and upstream business in Q2: Here are 10 key highlights
Reliance Industries has recorded profit at Rs 19,323 crore for the September 2024 quarter, increasing by 10.8 percent ...
What Reliance Industries Limited’s interest means for Dharma Productions – A look at the financial Ups and Downs at the production house
What Reliance Industries Limited’s interest means for Dharma Productions – A look at the financial Ups and Downs at the ...
Mukesh Ambani’s Reliance Industries looks to acquire stake in Karan Johar’s Dharma Productions amid OTT boom: Report
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Reliance Industries Q2 FY25 Earnings Preview: Steady telecom and retail growth offsets O2C weakness
Investors will likely focus on Reliance Jio’s ARPU growth and growth in the retail segment in Q2 FY25 earnings report.
Reliance Industries, IRFC, and Yes Bank among stocks that mutual funds bought and sold in September
The key additions by the mutual fund industry were GE T&D India (Rs 42 billion), Infosys (Rs 32 billion), and Reliance ...
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Reliance Stocks Tumble Amid Profit Slump
Shares of Reliance Industries Ltd fell 2% after reporting a 5% profit decline in its July-September quarter, affected by weak ...