MUMBAI: Though the April-June quarter (Q1 FY25) results of Reliance Industries are slated to be announced on July 19, the market speculates that the energy-to-telecom conglomerate’s consolidated revenue during the period under review may register a 10% rise year-over-year to Rs 2.27 lakh crore. However, it is estimated to be 4% down from the previous quarter ended in March 2024.
The billionaire Mukesh Ambani-run company’s net profit in Q1 is expected to be Rs 15,987 crore, which is flat YoY but shows a drop of 16% from Rs 18,951 crore in the previous quarter.
Market expectations suggest that earnings before interest, tax, depreciation, and amortization (EBITDA) in Q1 FY25 will rise 4% to Rs 39,418 crore from Rs 38,093 crore in Q1 FY24, driven by better performance across ONGC, retail, and Jio. However, this gain may be partially offset by weaker O2C performance. Consequently, EBITDA will likely fall 3% from Rs 42,516 crore quarter-over-quarter.
