By Kosaku Narioka
Reliance Industries is scheduled to report its first-quarter results on Friday. Here's what you need to know:
NET PROFIT FORECAST: Reliance's net profit is expected to have increased 33% from a year earlier to 200.90 billion rupees, equivalent to $2.34 billion, for the three months ended June, according to a poll of analysts by LSEG. That would compare with 151.38 billion rupees in the year-earlier period.
The stock has risen 22% year to date through Tuesday, following a 6.0% drop in 2024.
WHAT TO WATCH:
--Oil-to-chemicals earnings before interest and taxes dropped 8.4% from a year earlier to 131.39 billion rupees in its fourth quarter. Investors will be focusing on any signs of recovery in the conglomerate's biggest segment by revenue.
--At its mobile and digital services business, the number of subscribers grew 1.3% to 488.2 million in its fourth quarter, and the average monthly revenue per user rose 13% to 206.2 rupees. Investors will be closely watching the performance of the fast-growing segment.
--Fourth-quarter finance costs increased 6.8% to 61.55 billion rupees, while its debt-service coverage ratio fell to 2.91 from 3.41 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
July 16, 2025 04:01 ET (08:01 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.