RIL Q1 Results Preview: Telecom, retail, oil & gas to drive earnings growth, offset O2C decline
On July 19, Reliance Industries Ltd. (RIL) is anticipated to report a modest quarterly earnings increase, supported by strong results in its retail and telecom sectors as well as consistent production of oil and gas. A fall in the oil-to-chemicals (O2C) business due to lower gross refining margins (GRMs) could, however, temper the growth. According … Read more