Name: Latest research reports of Reliance Industries Ltd. authored by IDBI Capital and published by - Trendlyne research reports.
Item: Reliance Industries Ltd.
Rating: 3
Author: IDBI Capital

Reliance Industries Ltd.

NSE: RELIANCE | BSE: 500325 | ISIN: INE002A01018 | Industry: Refineries/Petro-Products
| Mid-range Performer

1300.4000 -1.20 (-0.09%)

NSE Apr 25, 2025 15:31 PM

52W Low on Apr 07, 2025

Volume: 14.4M

Reliance Industries Ltd.

25 Oct 2021, 12:00AM

1300.40

-0.09%

Reliance Industries: Q2FY22 Result Review

Hold: Reliance Industries Ltd.

Recommendation Target

IDBI Capital

In Q2FY22, RIL's net sales grew by 51% YoY and 20% QoQ to Rs1,676bn (15% above Bloomberg estimates). Consolidated EBITDA increased by 37% YoY and 11% QoQ to Rs260bn (6% above Bloomberg estimates). EBITDA growth was primarily supported by strong performance in O2C segment, robust recovery in retail and steady momentum in digital services. Net profit expanded by 46% YoY and 12% QoQ to Rs155bn (19% above Bloomberg estimates), mainly due to a sharp decline in finance cost. The company has reported net cash position of Rs36bn against Rs1.6tn net debt as on March 20. During the quarter, consumer segment (Jio + Retail) contributed ~45% of RIL's EBITDA. We are revising...

Reliance Industries .. has an average target of 1516.00 from 3 brokers.