Ril Q4 Results 2025 Today: Most-valued Stock Falls Ahead Of Earnings; What Analysts Say

Reliance Industries Ltd, India's most-valued banal successful position of marketplace capitalisation, fell astir 1 per cent successful Friday's trade, up of nan oil-to-telecom major's March 4th results. The Mukesh Ambani-led institution is expected to study 8-10 per cent driblet successful nett profit for nan 4th connected a 5-6 per cent driblet successful sales.  

Nuvama Institutional Equities sees RIL's reported profit aft taxation astatine Rs 17,435.60 crore, down 8 per cent YoY complete Rs 18,951 crore successful nan year-ago quarter. Sales are seen falling 4.8 per cent YoY to Rs 2,25,242 crore successful Q4 from Rs 2,36,533 crore successful nan aforesaid 4th past year. 

Nuvama anticipated a 2 per cent YoY summation successful RIL consolidated Ebitda, down 2 per cent QoQ, arsenic weakness successful O2C, O&G Ebitda is apt to beryllium offset by spot successful Digital, Retail businesses. 

RIL shares deed a debased of Rs 1,288 but recovered later. At 12.15 pm, RIL was trading astatine Rs 1,292.05 connected BSE, down 0.74 per cent. 

"We expect O2C Ebitda to autumn 14 per cent YoY (flat QoQ) connected anemic merchandise cracks and petchem spreads. We expect RIL O&G's Ebitda to autumn 9 per cent YoY connected alteration successful accumulation from KG-D6 block. Retail Ebitda is expected to study patient maturation of 11 per cent YoY and connected higher area, amended margins and realisations but autumn 9 per cent QoQ connected festive play tailing disconnected and a shorter quarter," Nuvama said.

JIO's Ebitda, meanwhile, is seen rising 16 per cent YoY connected higher ARPU (up 13 per cent YoY) station tariff hike and 1 per cent YoY emergence successful subscribers. 

Emkay Global said RIL’s consolidated Ebitda will beryllium level  at Rs 43,700 crore, chiefly supported by O2C amid seasonally muted Retail. It sees O2C business Ebitda up 4 per cent astatine Rs 15,000 crore connected amended beingness marketplace premiums and trading margins. 

"We expect nett subscriber adds of 25 lakh for Jio pinch 1 per cent higher ARPU astatine Rs 205. Retail Ebitda should beryllium down 6 per cent QoQ to Rs 6,400 crore (up 9 per cent YoY), whereas upstream Ebitda should diminution 8 per cent QoQ to Rs 5,100 crore. We estimate consolidated APAT (after MI) to besides decrease, by 6 per cent YoY and 4 per cent QoQ to Rs 17,900 crore, owed to higher depreciation and interest," nan home broking patient said.
 
Kotak sees consolidated Ebitda to emergence a humble 3.5 per cent YoY, chiefly driven by further use from nan telecom tariff hike and betterment successful retail. 

"We expect consolidated O2C Ebitda to diminution 11 per cent YoY. With nan further use of nan tariff hike, we expect R-Jio’s Ebitda to emergence 3.3 per cent QoQ (17.5 per cent YoY). We presume a blended ARPU of Rs 206. We expect further betterment for retail. We forecast unit Ebitda whitethorn turn 10 per cent YoY,
Kotak said.

For RIL, BNP Paribas raised its target aggregate for Jio, in-line pinch Airtel’s, arsenic it lowered nan multiples somewhat for unit and O2C successful statement pinch nan diminution successful adjacent multiples. "For Indus Towers, we spot nan caller conversion of indebtedness into equity successful Vodafone Idea by nan authorities arsenic a important affirmative arsenic it pushes retired nan indebtedness consequence for VIL by a fewer years," BNP Paribas said successful a caller note.

Published on: Apr 25, 2025 12:19 PM IST