Reliance Industries is scheduled to report its June-quarter (Q1FY27) results today (July 16). The company is expected to post a steady performance, led by a recovery in its oil-to-chemicals business and continued growth in digital services, even as retail growth stays muted and oil and gas earnings decline.
Brokerages expect consolidated EBITDA to grow in the range of 4–10% year-on-year in Q1. The key driver is likely the O2C business, supported by stronger refining margins, tighter petrochemical spreads, a weaker rupee, and benefits from the SEZ refinery. Jio is also expected to support earnings through a higher average revenue per user and subscriber additions.
