Reliance Industries (NSE:RELIANCE) beat Q1 expectations as record oil-to-chemicals EBITDA, plus strong Jio and retail contributions, lifted net profit, though traders flag retail margin pressure, higher finance costs and watched brokers’ price targets amid improved O2C cracks.
Previous Week Recap
- Reliance Q1 FY2027: Record O2C EBITDA: RELIANCE Q1 FY2027: record O2C EBITDA, strong Jio and Retail contributions. Traders note improved O2C cracks, Jio growth, retail margin pressure and higher finance costs; broker price targets cited.
- Reliance Q1 Profit Beats Expectations: RELIANCE posted Q1 net profit above expectations after markets closed, driven by stronger oil-to-chemicals, retail and telecom segment results — key trading factors for the GDR.
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