Reliance Industries Expected to Post Lower Fourth-Quarter Net Profit -- Earnings Preview

Dow Jones

Apr 23, 2025

By Kosaku Narioka

Reliance Industries is scheduled to report fourth-quarter results on Friday. Here is what you need to know:

NET PROFIT: Reliance Industries is expected to post a 0.4% decline in net profit to 188.77 billion rupees, equivalent to $2.21 billion, for the three months ended March, according to a poll of analysts by LSEG. That would compare with 189.51 billion rupees in the year-earlier period.

The stock has risen 6.2% this year through Tuesday, following a 6.0% drop in 2024.

WHAT TO WATCH:

--Oil-to-chemicals earnings before interest and taxes rose 6.9% from a year earlier to 128.19 billion rupees in its third quarter. Investors will be focusing on any further growth in the conglomerate's biggest segment by revenue.

--At its mobile and digital services business, subscriber numbers grew 2.4% to 482.1 million in the third quarter, and the average monthly revenue per user rose 12% to 203.3 rupees. Investors will be closely watching the performance of the fast-growing segment.

--Third-quarter finance costs increased 6.7% to 61.79 billion rupees, while its debt-service coverage ratio deteriorated to 2.17 from 2.95 a year earlier. Investors will be paying attention to the company's debt burden.

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

April 23, 2025 06:30 ET (10:30 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Here is what you need to know: \n</p>\n<pre>\n \n</pre>\n<p>\n  NET PROFIT: Reliance Industries is expected to post a 0.4% decline in net profit to 188.77 billion rupees, equivalent to $2.21 billion, for the three months ended March, according to a poll of analysts by LSEG. That would compare with 189.51 billion rupees in the year-earlier period. \n</p>\n<p>\n  The stock has risen 6.2% this year through Tuesday, following a 6.0% drop in 2024. \n</p>\n<pre>\n \n</pre>\n<p>\n  WHAT TO WATCH: \n</p>\n<p>\n  --Oil-to-chemicals earnings before interest and taxes rose 6.9% from a year earlier to 128.19 billion rupees in its third quarter. Investors will be focusing on any further growth in the conglomerate's biggest segment by revenue. \n</p>\n<p>\n  --At its mobile and digital services business, subscriber numbers grew 2.4% to 482.1 million in the third quarter, and the average monthly revenue per user rose 12% to 203.3 rupees. 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Here is what you need to know: \n</p>\n<pre>\n \n</pre>\n<p>\n  NET PROFIT: Reliance Industries is expected to post a 0.4% decline in net profit to 188.77 billion rupees, equivalent to $2.21 billion, for the three months ended March, according to a poll of analysts by LSEG. That would compare with 189.51 billion rupees in the year-earlier period. \n</p>\n<p>\n  The stock has risen 6.2% this year through Tuesday, following a 6.0% drop in 2024. \n</p>\n<pre>\n \n</pre>\n<p>\n  WHAT TO WATCH: \n</p>\n<p>\n  --Oil-to-chemicals earnings before interest and taxes rose 6.9% from a year earlier to 128.19 billion rupees in its third quarter. Investors will be focusing on any further growth in the conglomerate's biggest segment by revenue. \n</p>\n<p>\n  --At its mobile and digital services business, subscriber numbers grew 2.4% to 482.1 million in the third quarter, and the average monthly revenue per user rose 12% to 203.3 rupees. Investors will be closely watching the performance of the fast-growing segment. \n</p>\n<p>\n  --Third-quarter finance costs increased 6.7% to 61.79 billion rupees, while its debt-service coverage ratio deteriorated to 2.17 from 2.95 a year earlier. Investors will be paying attention to the company's debt burden. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Kosaku Narioka at kosaku.narioka@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 23, 2025 06:30 ET (10:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"POST","symbol_name":"Post Holdings","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2529570687","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529570687","pubTimestamp":1745404200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Reliance Industries is scheduled to report fourth-quarter results on Friday. Here is what you need to know:. NET PROFIT: Reliance Industries is expected to post a 0.4% decline in net profit to 188.77 billion rupees, equivalent to $2.21 billion, for the three months ended March, according to a poll of analysts by LSEG. That would compare with 189.51 billion rupees in the year-earlier period.The stock has risen 6.2% this year through Tuesday, following a 6.0% drop in 2024.--Oil-to-chemicals earnings before interest and taxes rose 6.9% from a year earlier to 128.19 billion rupees in its third quarter. Investors will be focusing on any further growth in the conglomerate's biggest segment by revenue.--At its mobile and digital services business, subscriber numbers grew 2.4% to 482.1 million in the third quarter, and the average monthly revenue per user rose 12% to 203.3 rupees. Investors will be closely watching the performance of the fast-growing segment.--Third-quarter finance costs incre","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"POST":"Post Holdings"},"translate_title":"信实工业预计第四季度净利润将下降——盈利预览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"POST":1},"content_text":"By Kosaku Narioka \n\n\n \n\n\n  Reliance Industries is scheduled to report fourth-quarter results on Friday. Here is what you need to know: \n\n\n \n\n\n  NET PROFIT: Reliance Industries is expected to post a 0.4% decline in net profit to 188.77 billion rupees, equivalent to $2.21 billion, for the three months ended March, according to a poll of analysts by LSEG. That would compare with 189.51 billion rupees in the year-earlier period. \n\n\n  The stock has risen 6.2% this year through Tuesday, following a 6.0% drop in 2024. \n\n\n \n\n\n  WHAT TO WATCH: \n\n\n  --Oil-to-chemicals earnings before interest and taxes rose 6.9% from a year earlier to 128.19 billion rupees in its third quarter. Investors will be focusing on any further growth in the conglomerate's biggest segment by revenue. \n\n\n  --At its mobile and digital services business, subscriber numbers grew 2.4% to 482.1 million in the third quarter, and the average monthly revenue per user rose 12% to 203.3 rupees. Investors will be closely watching the performance of the fast-growing segment. \n\n\n  --Third-quarter finance costs increased 6.7% to 61.79 billion rupees, while its debt-service coverage ratio deteriorated to 2.17 from 2.95 a year earlier. Investors will be paying attention to the company's debt burden. \n\n\n \n\n\n  Write to Kosaku Narioka at kosaku.narioka@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 23, 2025 06:30 ET (10:30 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}