Reliance Industries Q1 results preview: Here's what to expect

Описание: Reliance Industries' (RIL) net profit is likely to double in the June quarter on a 60-70 per cent year-on-year (YoY) surge in net sales, led by strong refining profitability and gas realisation, higher average revenue per user (ARPU) for Jio and recovery in the retail business. All eyes will be on updates on the Rs 75,000-crore announcement in the new energy business, growth in retail store additions and the management commentary on any further pricing action in telecom tariffs.

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