Reliance Industries Ltd. has evolved from being a textiles and polyester company to an integrated player across energy, materials, retail, entertainment and digital services. Reliance’s products and services portfolio touches almost all Indians on a daily basis, across economic and social spectrums.
The company will report first quarter 2024 earnings at 21st July, 2023.
Listen to Reliance Industries Q1FY24 Earnings Call Live and Read the Real-Time Transcript
Reliance Industries is expected to report a dismal quarter overall, with 14% YoY EBITDA and 9% revenue growth, according to Morgan Stanley. Jio is anticipated to post flattish QoQ ARPU of 180 in the telecom sector, with net additions of 8 million subscribers and flattish EBITDA margins.
Reliance Industries Ltd reported Revenues for Q4FY23 of ₹2,12,945 Crores up from ₹2,07,375 Crore year on year, a rise of 2.69%. Total Expenses for Q4FY23 reported a rise of 2.25% YoY. Consolidated Net Profit of ₹21,327 Crores up 18.35% from ₹18,021 Crores in the same quarter of the previous year.