Reliance climbs 2% into Q1 FY27 print as Jio, O2C seen offsetting soft retail
RIL shares rose 2.4% to ₹1,323.80 ahead of Q1 results. Brokerages estimate net profit of ₹24,593 crore (+13% YoY) and EBITDA of ₹49,100 crore (+14.5%), but flag Reliance Retail margin pressure (EBITDA margin down ~267bps to 15%) from subdued discretionary demand despite continued footprint expansion.
RIL shares rose over 2% ahead of Q1 FY27 results. Brokerages expect O2C and Jio strength to offset weak Reliance Retail, where subdued consumer demand and slower discretionary spending pressure margins despite footprint expansion.