Reliance Industries Ltd (RIL), India's most valuable company, is expected to report robust profit for the September quarter, supported by strong refining margins, higher telecom earnings, and steady retail performance.
The Mukesh Ambani-led conglomerate is scheduled to announce its quarterly earnings on October 30.
According to Bloomberg consensus estimates, Reliance Industries' O2C business is expected to generate revenue of Rs 1.62 lakh crore and EBITDA of Rs 16,434 crore in the fiscal second quarter.
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The digital services business is projected to report revenue of Rs 41,213 crore and EBITDA of Rs 18,848 crore, while the retail segment is expected to generate revenue of Rs 91,966 crore and EBITDA of Rs 6,593 crore.