Retail Ebit News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Retail ebit. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Retail Ebit Today - Breaking & Trending Today
Sterling Falls After Speech From BOE's Bailey -2- morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Driven by a strong rebound in petrochemicals business, and supported by growth in the retail segment, Reliance Industries Ltd (RIL) is expected to clock a stellar sequential improvement in its net profit for the December quarter of the current financial year (Q3FY21). The firm is scheduled to report its Q3 earnings on Friday, January 22. Analysts are penciling-in up to 32 per cent sequential growth in RIL’s consolidated net profit, pegged at Rs 12,600 crore, against a profit after tax (PAT) of Rs 9,567 crore reported in the September quarter of FY21 (Q2FY21). “Sharply lower interest costs and a continued decline in the tax rate should drive around 32 per cent increase in attributable PAT on a quarterly basis. As regards the pre-tax profit, it should still be down year-on-year, given a sharply lower consolidated tax rate,” wrote analysts at JPMorgan in a result preview report. RIL’s profit before tax (PBT) and net profit in the year-ago period stood at Rs 15,0 ....