RIL: Jefferies said Q4 numbers for O2C and Reliance Jio were ahead of its estimates but retail segment missed estimates. It said Reliance Retail's growth was soft but balance sheet improved, aided by capital raise, asset divestiture.
RIL Q4 results today: Prabhudas Lilladher expects RIL to log 10.7 per cent YoY drop in profit at Rs 17,230 crore. PL sees sales rising 13.7 per cent YoY to Rs 2,42,020 crore. Margin is seen at 17.6 per cent, down 50 basis points over 18.1 per cent YoY.
In Q4 FY24, Reliance Retail saw a 9.8% YoY increase in revenue and an 18.1% improvement in Ebitda. For FY24, the company surpassed ₹3 trillion in gross revenue for the first time, with a 17.83% growth. The registered customer base increased by 22.2% YoY.
Adani Power said that one unit of 600 MW capacity of arm Mahan Energen, Mahan thermal power plant, out of its aggregate operating and upcoming capacity of 2800 MW, will be designated as the captive unit for this purpose.