Reliance Industries (RIL) is set to announce its December-quarter earnings on Friday. A sequential recovery is expected across all segments for the company in Q3. Here are the key expectations:
On the revenue front, a 13.5 percent growth is expected at Rs 1.26 lakh crore. The operational performance is also likely to improve, with 16.5 percent growth sequentially at Rs 22,100 crore. A slight improvement is expected in the operating profit margins and the core profitability may see a 15.6 percent growth.
Disclosure: Network 18, which publishes cnbctv18.com, is a part of the Reliance Group.
For more details, watch the video