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Reliance Industries strength lies in its ability to build businesses on a global scale and execute complex, time-critical, and capital-intensive projects, said Nuvama. ....
RIL Q4 results today: Prabhudas Lilladher expects RIL to log 10.7 per cent YoY drop in profit at Rs 17,230 crore. PL sees sales rising 13.7 per cent YoY to Rs 2,42,020 crore. Margin is seen at 17.6 per cent, down 50 basis points over 18.1 per cent YoY.
RIL Q4 Results preview: Clarity on the Rs 75,000 crore worth of announcements in the new energy business, growth in retail store additions, and any pricing action in telecom will be the key monitorables. ....
In Q4FY23, the Mukesh Ambani-backed RIL earned the highest ever quarterly profits driven by strong operating performance of mainstay O2C business, optimised feedstock cost, and supportive product margins. The retail and telecom arm also witnessed stable growth. ....