RIL eyes sequential Q1FY27 rebound; retail revenue seen up 11-12% but Ebitda margins soften
Brokerages expect Reliance Industries to post a strong sequential Q1FY27 recovery led by O2C and Jio. Reliance Retail revenue is pegged to grow 11-12% y-o-y, but retail Ebitda growth stays soft at 3-8% as quick commerce investments and lower margins weigh. Jefferies sees PAT at Rs 19,846.8 crore (+17% q-o-q).
Brokerages expect RIL to post strong sequential Q1FY27 rebound led by O2C and Jio. Retail revenue seen up 11-12% y-o-y but retail Ebitda growth soft (3-8%) due to quick commerce investments and lower margins.