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Reliance Industries Q3 Results Live Updates: RIL to announce results today; strong Q3 numbers expected; stock gains marginally
16 Jan 2025 | 03:15:02 PM IST
Reliance Industries Q3 Results Live Updates: RIL is expected to report strong earnings in the third quarter, driven by a favorable operating environment across its key segments.
Synopsis
RIL Q3 Results FY25 Live Updates: Reliance Industries Ltd (RIL) is projected to report strong earnings for Q3FY24, driven by growth in the oil-to-chemicals (O2C) and digital services segments. However, retail revenue may experience a slight YoY decline, while ARPU of Jio is expected to show growth.
Reliance Q3 Results: After two subdued quarters, Reliance Industries Ltd (RIL) is expected to report strong earnings in the third quarter, driven by a favorable operating environment across its key segments.
Net profit for the October-December 2024 period is anticipated to rise by 3% year-on-year (YoY), based on the average estimate of six brokerages. This follows a 5% decline in net profit during the previous September quarter.
RIL share price
The RIL stock settled at Rs 1,252 on Wednesday. The counter dropped 8% in the last one year, meanwhile, it has offered 61% returns in the past five years.
How RIL fared in Q2
reported a 5% decline in its consolidated net profit, which stood at Rs 16,563 crore for the quarter ending September 2024, compared to Rs 17,394 crore in the same period last year. However, the profit exceeded the ET Now poll estimate of Rs 15,716 crore.
Revenue from operations saw a slight increase of 0.2% year-on-year, reaching Rs 2.35 lakh crore during the reported period.
Show moreNet profit for the October-December 2024 period is anticipated to rise by 3% year-on-year (YoY), based on the average estimate of six brokerages. This follows a 5% decline in net profit during the previous September quarter.
RIL share price
The RIL stock settled at Rs 1,252 on Wednesday. The counter dropped 8% in the last one year, meanwhile, it has offered 61% returns in the past five years.
How RIL fared in Q2
reported a 5% decline in its consolidated net profit, which stood at Rs 16,563 crore for the quarter ending September 2024, compared to Rs 17,394 crore in the same period last year. However, the profit exceeded the ET Now poll estimate of Rs 15,716 crore.
Revenue from operations saw a slight increase of 0.2% year-on-year, reaching Rs 2.35 lakh crore during the reported period.
1 New Update
Reliance Industries Q3 Live Updates | Tracking History
Basic EPS TTM is falling faster than historical averages.
Reliance Industries Q3 Live Updates | R-Jio Earnings Preview
Kotak Equities expect,
- EBITDA for R-Jio to further increase ~8% qoq (22% yoy) on furhter benefit of tariff hike from July2024
- Blended ARPUs to rise 7% to Rs 208 (from Rs195 qoq) and largely flat quarter-end subscribers.
Reliance Industries Q3 Live Updates | Earnings Preview: Standalone EBITDA
Kotak Equites expect,
- RIL’s standalone EBITDA decline 18% yoy but rise 7% qoq.
- Benefits of higher retail fuel margins reflect in consolidated numbers.
- QoQ largely flat numbers for E&P.
Reliance Industries Q3 Live Updates | Tracking History
RIL Q3 Results Live: Operating Profit Qtr growth is stable compared to historical averages.
Reliance Industries Q3 Live Updates | Earnings Preview: Consolidated segment EBITDA
Kotak Equities expects EBITDA for,
- Digital services to further increase 8% qoq (up 22% yoy)
- Retail to be up just 1% yoy (up 8% qoq, on festive demand)
- O2C to decline by 4% yoy (though up 9% qoq )
- E&P to be flat qoq (down 9% yoy
Reliance Industries Q3 Live Updates | RIL Earnings Preview by Kotak Equities
RIL Q3 Results FY25 Live: Kotak Equities expect RIL’s consolidated EBITDA to rise by 4.4% yoy (+8.6% qoq) mainly driven by telecom tariff hike. Another weak result for retail and muted earnings for O2C expected.
Reliance Industries Q3 Live Updates | Tracking History
The quarterly operating margin is stable compared to historical averages.
Reliance Industries Q3 Live Updates | 3QFY25 earnings estimates
Reliance Q3 Earnings Result: EDarnings estimates by J.P. Morgan
Reliance Industries Q3 Live Updates | Earnings Outlook by J.P. Morgan
- We believe earnings should improve from the 2Q weakness driven by:
- a rebound in refining margins
- continued ARPU increases at telecom driven by the July tariff increases
- We estimate PAT (post minorities) of Rs.178bn should be up 8% QoQ
- With the 3Q recovery, RIL should be on track to meet FY25 JPMe EBITDA forecasts, although belowthe-line items (Interest, Depreciation, Other Income) can possibly drive a minor positive revision for the year
- Growth at Reliance Retail is critical to drive valuations higher. 3Q outcomes (we estimate flat YoY EBITDA) and management commentary on retail will matter to the stock near term, in our view.
Reliance Industries Q3 Live Updates | Reliance Jio ARPU outlook
Reliance Q3 Results FY25 Live | Digital EBITDA is expected to grow 4.6% QoQ to INR 169bn on 4.6% QoQ rise in ARPU to INR 204 as the Jul'24 tariff hike continues to pass through their ARPU.
Reliance Industries Q3 Live Updates | Q3FY25 Estimates by JM Financial
O2C EBITDA to grow 10.3% QoQ to INR 137bn due to improvement in GRM to ~USD 8.6/bbl vs. S’pore Dubai GRM of USD 5.0/bbl
(and vs. RIL’s implied GRM of ~USD 7.1/bbl in 2QFY25) due to recovery in diesel cracks while refining throughput could be ~2% lower QoQ at 16.0mmt; however, weakness in petchem margin is expected to continue, though flattish
(and vs. RIL’s implied GRM of ~USD 7.1/bbl in 2QFY25) due to recovery in diesel cracks while refining throughput could be ~2% lower QoQ at 16.0mmt; however, weakness in petchem margin is expected to continue, though flattish
Reliance Industries Q3 Live Updates | Tracking History
Reliance Industries Q3 Live Updates | Net profit qtr growth is higher than historical averages.
RIL Q3 Results Live Updates | RIL's BITDA outlook
Reliance Q3 Results 2025: RIL's consolidated EBITDA to grow 7% q/q.
Reliance Industries Q3 Live Updates | RIL posted three consecutive quarters of profit decline. Will Q3 deliver big?
Reliance Industries Q3 Live Updates | Mukesh Ambani-led Reliance Industries Ltd (RIL), a long-time leader in its key sectors, has faced a challenging period on the earnings front, with the company’s profits declining for three consecutive quarters.
<b>Reliance Industries Q3 Results Live Updates</b> | JM Financial on Relaince Jio
Reliance Industries Q3 Results: Jio’s ARPU expected to rise at 11-12% CAGR over FY24-28. Further, Jio’s listing in the next 9-12 months could lead to be a potential re-rating trigger.
RIL Q3 Results Live Updates | Reliance Jio's EBITDA outlook
Reliance Q3 Results FY25 Live: Reliance Jio's EBITDA to see sequnetial rise on flow-through of tariff hikes.
RIL Q3 Results Live Updates | JM Financial on RIL
Reliance Q3 Results 2025: We reiterate BUY on RIL (TP INR 1,660) as we believe CMP is trading near our bear-case valuation of INR 1,230, net debt could decline gradually as capex will moderate and be fully funded internally, and EPS is expected to grow by 14-15% EPS CAGR over the next 3-5 years.
Reliance Industries Q3 Live Updates | Historical Analysis
Here's how the company's stock has fared in the last three, five & 10 years.
Reliance Industries Q3 Results FY25 Live Updates | Charting Outlook
RIL Q3 Results FY25 Live Updates: RIL's O2C EBITDA should see q/q growth on refining recovery.
RIL Q3 Results Live Updates | Charting Outlook
Reliance Industies' oil-to-chemicals (OTC) segment may increase QoQ/YoY.
We expect 7% q/q increase in consol EBITDA led by sharp recovery in O2C (+13% q/q) on refining improvement. Jio's EBITDA should rise 6% q/q on 5% rise in ARPU. Retail EBITDA should rise 8% q/q on festive dd. Upstream EBITDA shd see 4% sequential decline on higher govt take.
- Jefferies
RIL Q3 Results Live Updates | Charting Outlook
The company's OTC segment EBIT contribution may improve sharply QoQ/YoY.
RIL Q3 Results FY25 Live Updates | Charting Outlook
RIL Q3 Results FY25 Live: The company's theoretical GRM could increase QoQ to USD 11.5/bbl; petchem spreads to remain muted QoQ/YoY.
(Source: ICICI Securities)
(Source: ICICI Securities)
RIL Q3 Results Live Updates | How RIL and Rjio will drive earnings growth in oil & gas segment
Reliance Industries Q3 Results 2025 Live Updates: In Q3FY25E, Reliance is likely to see a sharp increase (+9.4%) in its OTC segment’s earnings QoQ with an estimated USD2.1/bbl QoQ improvement in GRMs, partly offset by muted petchem spreads.
RJio may deliver a 3.3% QoQ rise in EBITDA, with RIL’s retail EBITDA up 3.6% QoQ.
Upstream is likely to show softness YoY as slightly lower production and higher government share of profit petroleum dents margins. Overall, consolidated EBITDA/PAT may rise by 8%/10% QoQ in Q3FY25E, with YoY improvement of 4%/6%.
(Source: ICICI Securities)
RJio may deliver a 3.3% QoQ rise in EBITDA, with RIL’s retail EBITDA up 3.6% QoQ.
Upstream is likely to show softness YoY as slightly lower production and higher government share of profit petroleum dents margins. Overall, consolidated EBITDA/PAT may rise by 8%/10% QoQ in Q3FY25E, with YoY improvement of 4%/6%.
(Source: ICICI Securities)
RIL Q3 Results Live Updates | Emkay explains how to RIL shares ahead of Q3 announcement
- After 24% decline Stock is forming base around 1200 level. In Sideways trend. Bullish momentum expected above 1270.
- Short covering has been seen since the beginning of the expiry (OI -4.4%, Price +1.8%). At $2.6bn OI is above its 1Y mean [+1.36 SD].
- Max call/put OI is at 1300/1200strike with call addition of almost 640 lots seen at 1280 and put addition of 330 lots at 1180
- O2C EBITDA up 9% QoQ to Rs135.3bn; Upstream EBITDA up 4% QoQ to Rs54.8bn; Retail EBITDA to rise 6% QoQ; Jio ARPU to rise 5% QoQ, subscribers are expected to be flattish in Q3FY25
- Emkay estimates for EBITDA are above street estimates while Emkay estimates for PAT are below street estimates
RIL Q3 Results Live Updates | RIL shares rise marginally ahead of Q3 show
The company's shares rose 0.06% to Rs 1,253.
RIL Q3 Results Live Updates | Earnings update for Reliance Industrial Infrastructure
Reliance Industrial Infrastructure Ltd reported a 24% decline in its net profit for the third quarter, as reduced utilization of infrastructure assets led to a drop in revenue.
The consolidated net profit for the October-December period of FY25 fell to Rs 2.74 crore, down from Rs 3.62 crore in the same quarter of the previous year.
The company’s revenue decreased by 9.4%, reaching Rs 18.60 crore, compared to Rs 20.52 crore in October-December 2023.
The consolidated net profit for the October-December period of FY25 fell to Rs 2.74 crore, down from Rs 3.62 crore in the same quarter of the previous year.
The company’s revenue decreased by 9.4%, reaching Rs 18.60 crore, compared to Rs 20.52 crore in October-December 2023.
RIL Q3 Results Live Updates | Here's how the company's financials fared in Q2
Reliance Industries Ltd (RIL), owned by Mukesh Ambani, reported a 5% decline in its consolidated net profit, which stood at Rs 16,563 crore for the quarter ending September 2024, compared to Rs 17,394 crore in the same period last year. However, the profit exceeded the ET Now poll estimate of Rs 15,716 crore.
Revenue from operations saw a slight increase of 0.2% year-on-year, reaching Rs 2.35 lakh crore during the reported period.
Revenue from operations saw a slight increase of 0.2% year-on-year, reaching Rs 2.35 lakh crore during the reported period.
RIL Q3 Earning Results Live Updates: Jio | Growth to accelerate with improving FCF
Reliance Q3 Results: Goldman Sachs expects Jio Infocomm's Q3 FY25 revenue to reach Rs 301 billion, reflecting a 6% QoQ and 19% YoY increase. Wireless revenue is projected to grow 17% YoY, driven by the addition of 3.5 million new subscribers, reversing the 10.9 million decline in Q2. TRAI data shows that subscriber losses decreased to 3.8 million in October, compared to 8 million in September, while active subscribers grew by 4 million in October.
RIL Q3 Earning Results Live Updates: Expectations, Estimates
Reliance Q3 Results: Goldman Sachs expects Reliance Industries' Energy EBITDA to remain flat in Q3. Strong refining earnings, driven by improved global supply-demand dynamics and lower crude premiums, are anticipated to be offset by weaker petrochemical (petchem) earnings.
RIL Q3 Earning Results Live Updates: Date and Time
Reliance Q3 Results: Reliance Industries Limited (RIL), led by Mukesh Ambani, has announced that its board meeting will take place on Thursday, January 16, 2025. The meeting will focus on reviewing and approving the unaudited financial results for the company’s standalone and consolidated earnings for the quarter and nine months ended December 31, 2024. RIL is expected to release its results after the market closes.
RIL Q3 Earning Results Live Updates: Result Trend
RIL Q3 Earning Results Live Updates: ICICI Securities on RIL
Reliance Q3 Results: Reliance is expected to see a sharp increase in its O2C segment’s earnings quarter-on-quarter (QoQ), with an estimated $2.1 per barrel improvement in GRMs, partly offset by muted petrochemical spreads.
RIL Q3 Earning Results Live Updates: Nuvama Research View
Reliance Q3 Results: We estimate RIL's consolidated EBITDA to show a sequential improvement, primarily driven by stronger earnings from the Jio and Retail segments. However, EBITDA is expected to decline by 1.5% year-on-year (YoY) due to weaker performance in the O2C segment.
RIL Q3 Earning Results Live Updates: Prabhudas Lilladher on RIL Earnings
Reliance Q3 Results: For Reliance's standalone segment, refining margins are expected to remain strong, while petrochemical margins are likely to stay weak. Jio is anticipated to see a 5% ARPU growth, reaching Rs 205, with subscribers at 476 million. The retail segment is expected to continue its resilient performance.
RIL Q3 Earning Results Live Updates: Analyst View-YES Securities
Reliance Q3 Results: Refining throughput is expected to increase by 4.3% year-on-year (YoY), but decrease by 3.4% quarter-on-quarter (QoQ) to 17.1 million metric tons (mmt). Gross Refining Margin (GRM) is projected to be $10.8 per barrel. In telecom, ARPU is expected to rise to Rs 203, with subscribers totaling 479 million.
Retail revenue is likely to dip 3.1% YoY but grow 5.4% sequentially to Rs 80,450 crore, with EBITDA reaching a peak of Rs 6,275 crore.
Retail revenue is likely to dip 3.1% YoY but grow 5.4% sequentially to Rs 80,450 crore, with EBITDA reaching a peak of Rs 6,275 crore.
RIL Q3 Earning Results Live Updates: RIL Q3 results FY25 preview: Strong numbers eyed on the back of recovery in O2C business
Reliance Q3 Results : After two lackluster quarters, Reliance Industries Ltd (RIL) is expected to report strong earnings in the third quarter, aided by a favorable operating environment across its key segments.
Net profit for the October-December 2024 period is forecasted to rise by 3% year-on-year (YoY), based on the average estimate of six brokerages. This comes after a 5% decline in net profit during the preceding September quarter.
Net profit for the October-December 2024 period is forecasted to rise by 3% year-on-year (YoY), based on the average estimate of six brokerages. This comes after a 5% decline in net profit during the preceding September quarter.
