By Kosaku Narioka
Reliance Industries is scheduled to report its third-quarter results on Friday. Here is what you need to know:
NET PROFIT: Reliance's net profit is expected to have risen 6.0% to 196.44 billion rupees, equivalent to $2.18 billion, for the three months ended December, according to a poll of analysts by LSEG. That would compare with 185.40 billion rupees in the year-earlier period.
The stock has fallen 7.1% so far this year through Wednesday, following a 29% gain in 2025.
WHAT TO WATCH:
--Oil-to-chemicals earnings before interest and taxes rose 18% from a year earlier to 125.60 billion rupees in its second quarter. Investors will be closely watching for signs of further profit growth in the conglomerate's biggest revenue segment.
--At its mobile and digital services business, the number of subscribers grew 5.8% to 506.4 million in its second quarter, and the average monthly revenue per user increased 8.4% to 211.4 rupees. Investors will be focusing on the performance of the fast-growing segment.
--Second-quarter finance costs increased 13% to 68.27 billion rupees, while its debt-service coverage ratio fell to 2.47 from 2.70 a year earlier. Investors will be paying attention to changes in the company's debt burden.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
January 15, 2026 01:32 ET (06:32 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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