Reliance Q4 results: What to expect

The growth in Reliance Industries’ topline and bottomline in the quarter ended March is likely to be muted, but analysts foresee a strong double-digit growth in the operating profit. Consolidated revenue for the quarter is seen rising a mere 1.2% YoY to Rs 2.14 lakh crore, according to the average of estimates given by seven brokerages. Reliance Jio is expected to put up a decent show in the March quarter on the back of steady rise in subscriber additions and growth in ARPU.

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