Reliance Industries' Q4FY19 operating profit were slightly above expectations owing to strong petchem margins and higher than expected other income. Lower petchem volume and lower refinery profits led to a 2.3% QoQ fall in EBITDA. Petchem margin of 18.8% and GRM of US$8.2/bbl were above our estimates of 17.5% and US$8/bbl respectively. Organised Retail business and Digital Services business segmental profit...