We expect RIL to continue its steady performance, supported by petchem, while the refinery segment should be driven by the upcoming petcoke gasification project and likely GRM push from IMO norms, potentially from next fiscal. We estimate largely flat consol. EBITDA/PAT qoq in Q2FY19. While we expect refining earnings to be impacted, building 7% lower GRM qoq at US$9.8/bbl, partially offset by a weaker rupee, petchem would be stable with upside risk from Nagothane ethane...