RIL Q1 Profit Seen Up 20%; Retail Ebitda Dips 2% on Margin Pressure
Reliance Industries Q1 consolidated profit expected to jump 20% QoQ to Rs 20,451 crore on O2C recovery, but Reliance Retail Ebitda is seen slipping 2% to Rs 6,784 crore amid margin pressure. Jio holds steady with ARPU at Rs 216 and 53.3 crore subscribers. Retail recovery and Jio IPO timeline are key management watchpoints.
RIL Q1 preview: consolidated profit seen jumping 20% QoQ on O2C recovery, but Reliance Retail Ebitda expected to dip 2% amid margin pressure. Jio ARPU and subscriber growth steady; management commentary on retail recovery and Jio IPO awaited.
Why this matters
Follows expectations of a Q1FY27 rebound where retail revenue was seen up 11-12% but Ebitda margins softened, and brokerages flagged up to 28% upside post Jio IPO filing.
Retail-company theme accelerating at +817100% QoQ.