Reliance Industries Expected to Post Higher Third-Quarter Net Profit -- Earnings Preview

Dow Jones01-15
 

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.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment