Reliance Industries Set to Soar: Jio Growth and Refining Margins Fuel Q3 Success

Reliance Industries is likely to deliver a strong 6% sequential growth in net profit for Q3 FY25 at ₹17,482 crore, driven by higher refining margins and higher average revenue per user in its telecom business. Analysts expect EBITDA to increase more than 5% quarter on quarter, driven by the strength of Jio and an improving market scenario. The numbers are expected to be a reflection of the strategic realignments that Reliance has made and its resilience in a fluctuating market scenario. The company will announce its earnings on January 16, 2025. 

Source: Moneycontrol 

Business Today 

Economic Times