Reliance shares rise on robust Q2; here’s what analysts say on RIL valuations
11 analysts have offered long term price targets for RIL at an average level of ₹2,817.89, indicating an upside potential of around 24% from the current market price.
ril q2 results
October 2023
RIL Q2 results: Consolidated net profit jumps 27% to ₹17,394 cr; revenue flat at ₹2.35 lakh cr
Reliance Industries’ EBITDA grew 30.2% YoY to ₹44,867 crore in Q2 FY24, while the margin improved by 390 basis points YoY to 17.5%.
Reliance Jio Q2 results: Profit rises 12% YoY to ₹5,058 cr; revenue up 10%
This was the slowest profit growth reported by Jio in the last seven quarters, impacted by higher expenses and a lack of tariff hikes in recent times.
