– Jefferies is expecting a 20% growth in RIL’s O2C EBITDA both sequentially and year-on-year
\n\n– The investment banking firm is also expecting a 12% growth in the consumer business EBITDA year-on-year and a 2% growth sequentially.
\n\n– Jefferies expects the upstream EBITDA to decline 21% from last year and 6% sequentially
\n\nReliance Industries is likely to see a strong quarter led by strength in refining segment and consumer business.
\n\nThe company’s O2C business is likely to benefit from strong SEZ refinery earnings, US-ethane based petchem and a weak currency.
\n\n– Revenue seen 3% higher to ₹3.18 lakh crore from ₹3.09 lakh crore
\n\n– EBITDA seen 10% higher to ₹52,223 crore from ₹47,517 crore
\n\n– EBITDA margin seen at 16.5% from 15.4%
\n\n– Net profit seen 7% higher at ₹22,381 crore from ₹20,946 crore
\n\n– All numbers part of a CNBC-TV18 poll and compared on a sequential basis.
\n\nReliance Industries is likely to report a strong quarter across all business segments in a sequential basis.
\n\nExpectations follow in subsequent posts.
\n\nThe results will mark the culmination of a memorable week for the Reliance Group, with the listing of Jio Platforms. The stock made the Reliance Group the biggest conglomerate in…
Original source: https://www.cnbctv18.com/entertainment/
