Reliance Industries Q3 results preview: Kotak Institutional Equities sees profit rising 3 per cent YoY to Rs 16,217 crore on 8 per cent rise in sales at Rs 2,34,641 crore.
Revenue increased 10.3% YoY to Rs 25,368 crore. Sequentially, the bottomline rose nearly 3% and the topline grew 2.5%. Total expenses for the December quarter increased to Rs 18,518 crore from Rs 16,839 crore a year ago, and 18,063 crore a quarter ago. Network operating expenses rose to Rs 7,706 crore from Rs 7,227 crore a year ago and Rs 7,607 crore a quarter ago.