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RIL Q4 Results Live: Board approves Rs 10/share dividend; Jio ARPU at Rs 181.7
22 Apr, 2024 | 10:00:50 PM IST
Mukesh Ambani-led conglomerate Reliance Industries on Monday reported a 2% fall in its consolidated net profit at Rs 18,951 crore for the quarter ended March 2024. It was Rs 19,299 crore in the year-ago period. ETNOw had predicted PAT at Rs 18,227 crore. Read full article here
1 New Update
RIL Q4 Results: Key Highlights
Reliance posted record annual consolidated revenues at ₹1,000,122 crore , up 2.6% YoY, supported by continued growth momentum in consumer businesses and upstream business.
•Reliance’s annual consolidated EBITDA increased by 16.1% Y-o-Y to ₹178,677 crore ($ 21.4 billion) with positive contribution from all key operating segments
•Reliance’s annual consolidated Profit after tax increased by 7.3% Y-o-Y to ₹79,020 crore ($9.5 billion)
•Capital Expenditure for the year ended March 31, 2024, was ₹131,769 crore ($15.8 billion)
•RIL's consolidated Net Debt as of 31st March 2024 was marginally lower at ₹116,281 crore as against ₹125,766 crore as of 31st March 2023
•Reliance Industries announced a dividend of Rs 10 per share for the year ended March 2024
•Reliance’s annual consolidated EBITDA increased by 16.1% Y-o-Y to ₹178,677 crore ($ 21.4 billion) with positive contribution from all key operating segments
•Reliance’s annual consolidated Profit after tax increased by 7.3% Y-o-Y to ₹79,020 crore ($9.5 billion)
•Capital Expenditure for the year ended March 31, 2024, was ₹131,769 crore ($15.8 billion)
•RIL's consolidated Net Debt as of 31st March 2024 was marginally lower at ₹116,281 crore as against ₹125,766 crore as of 31st March 2023
•Reliance Industries announced a dividend of Rs 10 per share for the year ended March 2024
Jio continues to maintain its networkleadership and offer innovative digital solutions to multiple customer cohorts. This is driving consistentoutperformance in terms of subscriber additions and engagement levels. Continued acceleration in growthof JioAirFiber subscriber base and ramp-up of digital services will sustain industry-leading growth for Jio
- Akash M Ambani, Chairman of Reliance Jio Infocomm
RIL Q4 Results Live: Media Business' Key Highlights
- Strategic partnership with Disney to merge business of viacom18 with Star India announced; to lead digital transformation of India’s media landscape
- Quarterly revenue at Rs 2,808 crore, up 62.2% y-o-y
- Fy24 revenue at Rs 10,826 crore, up 49% y-o-y
Reliance Retail Q4 Results: Cons PAT jumps 12% YoY; annual profit crosses Rs 10,000 crore mark
Reliance Retail Ventures Limited (RRVL) on Monday reported a consolidated net profit of Rs 2,698 crore for the quarter ended March 31, 2024, which was up 11.7% against the profit after tax (PAT) of Rs 2,415 crore reported in the year-ago period. The annual net profit of RRVL crossed the Rs 10,000 crore mark, the company today said in its filing to the exchanges.
RIL Q4 Results Live: Oil and Gas (exploration & production) Segment's Key Highlights
- Quarterly revenue at Rs 6,468 crore ($ 775 million), up 42.0% y-o-y
- Record quarterly ebitda at Rs 5,606 crore ($ 672 million), up 47.5% y-o-y
RIL Q4 Results Live: Oil to Chemicals (O2C) Segment's Key Highlights
- Quarterly revenue at Rs 142,634 crore ($ 17.1 billion), up 10.9% y-o-y
- Quarterly ebitda at Rs 16,777 crore ($ 2.0 billion), up 3.0% y-o-y
Initiatives across RIL’s businesses have made a remarkable contribution towards fostering growth of various sectors of the Indian economy. It is heartening to note that alongside strengthening the national economy, all segments have posted a robust financial and operating performance. This has helped the Company achieve multiple milestones. I am happy to share that this year, Reliance became the first Indian company to cross the Rs 100,000-crore threshold in pre-tax profits.
- Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries
Reliance Industries board approves Rs 10/share dividend
Oil-to-chemicals conglomerate Reliance Industries (RIL) on Monday declared a dividend of Rs 10 per share for the financial year ended March 31, 2024. The company will inform about the date from which the dividend will be paid in due course, RIL said in its filing to the exchanges.
RIL Q4 Results Live: Reliance Retail Ventures' Key Highlights
- Quarterly revenue at Rs 76,627 crore, up 10.6% y-o-y
- Quarterly ebitda at Rs 5,823 crore, up 18.5% y-o-y
- Total footfall of 272 million across formats; 562 new stores opened
RIL Q4 Results Live: Jio Platform's Key Highlights
- Quarterly revenue at Rs 33,835 crore, up 13.3% y-o-y
- Quarterly ebitda at Rs 14,360 crore, up 12.5% y-o-y
- Industry leading subscriber growth with net additions of 42.4 million during fy24
- 5g adoption and home scale up drives data traffic to ~148 exabytes in fy24, +31% yoy
RIL Q4 Results: Annual profit of Jio Platforms crosses Rs 20,000 crore mark
RIL Q4 Results: Annual retail profit of rel retail crosses Rs 10,000 crore mark
RIL Q4 Results: Jio Platform's ARPU at Rs 181.7
- ARPU was Rs 181.7 with better subscriber mix partially offset by increasing mix of promotional 5G traffic, offered unlimited to subscribers and not yet charged separately.
- Q4 subscriber base at 48.18 crore subscribers
RIL Q4 Results: Net profit falls 2% YoY to Rs 18,951 crore, yet beats estimates
Mukesh Ambani-led conglomerate Reliance Industries on Monday reported a 2% fall in its consolidated net profit at Rs 18,951 crore for the quarter ended March 2024. It was Rs 19,299 crore in the year-ago period.
RIL Q4 Results Live: Key Highlights
- Record annual consolidated revenue at Rs 1,000,122 crore, up 2.6% Y-o-Y
- Annual consolidated ebitda at Rs 178,677 crore ($21.4 billion), up 16.1% y-o-y
- Annual consolidated pbt crosses Rs 100,000 crore, at ₹ 1,04,727 ($12.6 billion), up 11.4% y-o-y
- Annual net profit of jio platforms crosses Rs 20,000 crore mark
- Annual net profit of reliance retail crosses Rs 10,000 crore mark
- Quarterly consolidated ebitda at Rs 47,150 crore ($5.7 billion), up 14.3% y-o-y
- Ril announces dividend of Rs 10 /- per share
RIL Q4 Results Live: Dividend of Rs 10 declared
The Board of Directors has recommended dividend of Rs 10/- per fully paid up equity share of Rs 10/- each for the financial year ended March 31, 2024.
RIL Q4 Results Live: PAT at Rs 18,951 crore vs ETNOW poll of Rs 18,227 crore
- Revenue at Rs 2.36 lakh crore vs poll of Rs 2.34 lakh crore
- Margin at 18% vs poll of 18.1%
RIL Q4 Results Live: Stock analysis
Annual revenue rose 24.43%, in the last year to ₹889,569 crore. Its sector's average revenue growth for the last fiscal year was 32.88%.
Reliance Jio Q4 Results: Net profit stood at Rs 4,717 cr in corresponding quarter of previous financial year.
It was up by 2.4% over Rs 5,208 crore reported in the December ended quarter.
Reliance Jio Q4 Results
- PAT at Rs 5337 cr vs ETNOW poll of Rs 5330 crore
- Revenue at Rs 25959 crore vs ETNOW poll of Rs 26000 crore
- EBITDA at Rs 13612 crore vs ETNOW poll of Rs 13608 crore
- Margin at 52.44% vs ETNOW Poll 52.3%
RIL Q4 Results Live: What Nomura expects from RIL Q4
We project O2C EBITDA at Rs 15,600 crore, up 11% QoQ, driven by robust refining margins, while petrochemicals remain stable. Upstream EBITDA is estimated at Rs 5,600 crore, a 4% QoQ decline, attributed to slightly higher operating expenses despite increased volumes.
RIL is anticipated to sustain strong growth in its consumer-facing divisions. Jio's EBITDA is expected to reach approximately Rs 13,600 crore, supported by significant end-of-period subscriber additions of 10.5 million, although ARPU is forecasted to remain constant QoQ.
RIL is anticipated to sustain strong growth in its consumer-facing divisions. Jio's EBITDA is expected to reach approximately Rs 13,600 crore, supported by significant end-of-period subscriber additions of 10.5 million, although ARPU is forecasted to remain constant QoQ.
RIL Q4 Results Live: RIL shares end 0.67% higher on NSE ahead of Q4 results announcement
Price as on 03:40:45 PM 03:40 PM, Click on company names for their live prices.
RIL Q4 Results Live: JM Financial on what to expect from RIL's Q4 show
Assumed a) O2C EBITDA to rise 11.8% QoQ to INR 157bn due to improvement in GRM to ~USD 11.2/bbl (vs implied GRM of ~USD 10/bbl in 3QFY24) driven by improved diesel and petrol cracks; further, it was also aided by higher refining throughput though petchem margin is expected to remain subdued; b) E&P EBITDA to decline 6.8% QoQ to INR 54bn due to rise in profit sharing with govt as per PSC while gas output and price (USD 9.96/mmbtu for 2HFY24) is expected to be largely flattish QoQ; c) Digital EBITDA is expected to grow by 2.6% QoQ to INR 146bn on account of robust net subs additions of ~10.5mn QoQ, aided by slight improvement in ARPU to INR 182.5 (from INR 181.7 in 3QFY24) and d) Retail EBITDA is likely to grow by only 0.4% QoQ to INR 63bn on a high base of 3QFY24 (on account of strong festive sales in 3QFY24).
RIL Q4 Results Live: Gujarat Toolroom executes order worth Rs 650 million with Reliance Industries
Delivered construction supplies to Reliance Industries, marking-second installment of agreed-upon contract, says Gujarat Toolroom.
RIL Q4 Results Live: Reliance subsidiary Jio Financial rises 3% post Q4 show
Price as on 02:10:56 PM 02:10 PM, Click on company names for their live prices.
RIL Q4 Results Live: RIL flat ahead of Q4 results later today
Price as on 01:54:44 PM 01:54 PM, Click on company names for their live prices.
RIL Q4 Results Live: How to trade RIL ahead of results?
The technical chart says that the price has been sustaining above critical near term moving average which suggests underlying bullishness. Any positive surprise in the number might induce a strong rally. On the higher end, a move above Rs 2,950 might take the price towards Rs 3,070 over the short term.- Rupak De, Senior Technical Analyst at LKP Securities
RIL Q4 Results Live: RIL stock performance ahead of Q4 results
Reliance Industries (RIL) shares have surpassed the benchmark Nifty, soaring nearly 14% year-to-date. Leading up to the quarterly earnings, the stock has been consolidating over the past few days.
RIL Q4 Results Live: Nuvama on RIL preview
EBITDA for the quarter is expected to increase by 8% year-on-year, driven by strong performance across all verticals. However, this growth may be partially offset by weakness in the Oil-to-Chemicals (O2C) segment, with an anticipated 8% year-on-year decline in EBITDA due to challenges in refining and petrochemicals.
RIL Q4 Results Live: ICICI Securities on RIL Q4 results preview
- RIL's oil-to-chemicals business expected to have a robust quarter.
- Anticipated $1/bbl QoQ improvement in GRMs.
- Reliance Jio forecasted to see a 2% rise in EBITDA QoQ.
- Retail EBITDA likely to grow just over 1% QoQ.
- Consolidated EBITDA for the reporting quarter may increase by 5% QoQ.
RIL Q4 Results Live | RIL results expected to improve QoQ with stronger refining margins: Prabhudas Lilladher
- We estimate refining throughput of 17.0mmtpa. Petchem profitability will decline QoQ. Refining margins are expected to improve due to rise in Singapore GRM.
- We expect Jio to show steady performance (2%QoQ subscriber growth and flat QoQ ARPU), while retail segment profitability should be resilient.
Stock Outlook
Downgrade from ‘Accumulate’ to ‘Hold’ rating with SOTP based TP of Rs 2,902 (earlier TP2912), valuing standalone business at 7.5x FY26 EV/EBITDA, Retail at 39x FY26 EV/EBITDA and Jio at 15x FY26 EV/EBITDA.
RIL Q4 Results Live | Throwback: A look at RIL's performance in Q3
Reliance Industries (RIL) announced a 9.3% year-on-year (YoY) increase in consolidated net profit for the quarter ending in December, reaching Rs 17,265 crore (attributable to owners of the company). This figure exceeded the ETNow poll expectation of Rs 16,944 crore.
Consolidated revenue from operations experienced a 3.6% YoY growth, reaching Rs 2.28 lakh crore, slightly below the estimated Rs 2.36 lakh crore.
Sequentially, the bottom line saw a 0.7% decline, while the top line experienced a nearly 3% decrease.
Consolidated revenue from operations experienced a 3.6% YoY growth, reaching Rs 2.28 lakh crore, slightly below the estimated Rs 2.36 lakh crore.
Sequentially, the bottom line saw a 0.7% decline, while the top line experienced a nearly 3% decrease.
RIL Q4 Results Live: RIL shares trade marginally higher ahead of earnings announcement
Price as on 10:16:59 AM 10:16 AM, Click on company names for their live prices.
RIL Q4 Results Live: Revenue growth seen as 12% YoY
According to the average estimate of four brokerages, revenue from operations for the fourth quarter is projected to increase by up to 12% year-on-year.
RIL Q4 Results Live: EBITDA could grow 9% YoY
Consolidated EBITDA for the quarter is forecasted to rise by 3% sequentially and 9% year-on-year to Rs 41,900 crore.
RIL Q4 Results Live: Brokerages estimate a fall in PAT YoY
The net profit for the quarter is expected to decrease by up to 7% year-on-year, but exhibit a modest increase of 2% quarter-on-quarter.
RIL Q4 Results Live: India's biggest firm by m-cap RIL will announce its Q4 results post market hours today
