
Reliance Industries Limited (RIL) shares rose 1% in early trade, reaching ₹1,250.05, ahead of the company’s Q3 FY25 financial results scheduled for release on January 16. The stock’s movement reflects market optimism, with analysts predicting robust earnings growth in key segments such as telecom and refining.
Q3 FY25 Expectations
- Net Profit:
Analysts project a sequential 6% growth in net profit to ₹17,482 crore, driven by gains in refining margins and telecom operations. - EBITDA:
Consolidated EBITDA is expected to grow over 5% quarter-on-quarter to ₹41,125 crore. EBITDA margins are anticipated to improve to 18.2%-18.9% due to higher Gross Refining Margins (GRMs) and tariff hikes in digital services. - Segment Highlights:
- Telecom (Jio): Robust ARPU growth post-tariff revisions is expected to drive strong performance.
- Refining: Improved GRMs and higher demand are likely to support refining earnings.
- Retail: Moderate growth reflecting seasonal trends and subdued consumer sentiment.
- Petrochemicals: Challenges in this segment may partially offset gains from other verticals.
Stock Performance Details
Reliance shares traded in the range of ₹1,241.85 – ₹1,255.10, with a market capitalization of ₹16.92 trillion. The average trading volume stood at 12.99 million, reflecting significant investor interest ahead of the results.
Conclusion
Reliance’s Q3 FY25 results are expected to highlight the strengths of its diversified business model, especially in telecom and refining. However, the petrochemicals segment’s weakness may weigh on overall performance. The results will likely provide further clarity on the company’s earnings trajectory and operational efficiency.