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Time of India
21-07-2025
- Business
- Time of India
Stocks in news: UltraTech, Eternal, RIL, ICICI Bank, HDFC Bank, Jio Financial
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Markets extended their losing streak into the third consecutive week, as investors adopted a cautious stance due to the disappointing start of the earnings season and ongoing uncertainty surrounding the US-India trade deal. In today's trade, shares of UltraTech, Eternal Jio Financial among others will be in of UltraTech Cement, Eternal and IDBI will be in focus as the company will announce its fourth quarter Bank, India's second largest private lender, reported a standalone net profit of Rs 12,768 crore, up 15% year-over-year compared to a profit of Rs 11,059.11 crore in the corresponding quarter of last Bank, India's largest private sector lender, on Saturday announced its first-ever bonus issue, with the board approving the allotment of shares in a 1:1 ratio. Yes Bank reported a 59% growth in its Q1FY26 standalone net profit at Rs 801 crore versus Rs 502 crore in the year ago sector lender RBL Bank on Saturday reported a standalone net profit of Rs 200.33 crore for the first quarter ended June 2025, a 46% year-over-year declineMukesh Ambani-led Reliance Industries (RIL) reported a 78% growth in its Q1FY26 consolidated net profit at Rs 26,994 crore versus Rs 15,138 crore in the year ago Comstar entered China EV market via JV to manufacture driveline systems with Jinnaite Machinery (JNT) in China. Punjab and Sind Bank reported a net profit growth of 48% to Rs 269 crore in the first Cement's net profit rose 75% to Rs 324 crore in the first quarter, while revenues increased 19% to Rs 3,352 Pincus (Currant Sea Investments B.V) received RBI approval for its proposed 9.99% investment In IDFC First BankJio Financial to form 50:50 reinsurance joint venture with Reddy's received seven USFDA observations after Srikakulam plant inspection.
Economic Times
20-07-2025
- Business
- Economic Times
How to trade RIL shares after Q1 earnings
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Reliance Industries (RIL) are expected to open with a gap-up when trading resumes on Monday, following a stronger-than-expected profit jump in Q1. Having gained 16% over the last three months, RIL shares may have more upside from current levels and could rally up to 22% this year, according to Ambani-led Reliance Industries Ltd (RIL) reported a 78% year-on-year (YoY) increase in its Q1FY26 consolidated net profit to Rs 26,994 crore, compared to Rs 15,138 crore in the same period last year. The profit attributable to the owners of the company exceeded Street estimates of Rs 22,069 crore. On a sequential basis, profit after tax (PAT) rose 39% from Rs 19,407 crore in Q4FY25."We are noticing a strong trend in Reliance stock as it continues to form higher tops and higher bottoms on the technical charts. The strong results may provide further support to the prices," said Anuj Gupta, Director at Ya Wealth Global recommends a 'Buy' on Reliance Industries shares when markets open, with an immediate-term target of Rs 1,500 to Rs 1,530. In his view, the stock could test levels between Rs 1,600 and Rs 1,800 over the next six months, implying an upside potential of up to 22% from Friday's closing price of Rs 1,476 on earnings were in line with Gupta's expectations, he said, adding that robust management commentary and business expansion in Jio, Reliance Retail Ventures, and the O2C segment would support stock Nilesh Jain, Head Vice President, Equity Research – Technical and Derivatives at Centrum Broking, recommends an 'Accumulate on dips' strategy from a long-term portfolio perspective. "Technically, Reliance had earlier given a breakout above the crucial Rs 1,460 level and rallied up to Rs 1,550. However, recent profit booking has dragged the stock back near its breakout zone of Rs 1,460, which now serves as a key make-or-break level," he added that the core earnings reflect a strong performance by analyst Kranthi Bathini also echoed a 'Buy' call, recommending dip buying for investors with a long-term view. For existing investors, he suggested a 'Hold', estimating an upside of 15–20% over the next 12 months. "RIL reported strong growth in its Q1 profits aided by other income from the stake sale in Asian Paints, and traction in its O2C business is improving," said the Director – Equity Strategy at WealthMills Securities. The company's consumer-facing businesses, Jio and retail, are performing strongly and remain key growth drivers, he conglomerate Reliance Industries (RIL) on Friday posted its June quarter earnings, marking several key milestones, including its highest-ever consolidated quarterly operating profit and net profit. Its telecom arm surpassed 200 million 5G subscribers, while the retail business delivered double-digit EBITDA growth and industry-leading more: RIL Q1 Results: 10 key takeaways from Mukesh Ambani-led energy-to-retail conglomerate's earnings (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times
Time of India
18-07-2025
- Business
- Time of India
RIL Q1 Results: 10 key takeaways from Mukesh Ambani-led energy-to-retail conglomerate's earnings
Here are key takeaways from its Q1 earnings: 1) Highest ever quarterly PAT 2) Revenue rise 3) Operating Profit 4) Net debt Live Events 5) Jio Platforms Q1 stats 6) Reliance Retail Ventures Q1 figures 7) Oil to Chemicals (O2C) segment 8) Jio-bp update 9) Oil & Gas exploration and production business 10) Management commentary (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Energy-to-retail conglomerate Reliance Industries (RIL) on Friday posted its June quarter earnings where the company reported several key milestones, including its highest ever consolidated quarterly operating profit and net profit. Its telecom business surpassed 200 million 5G subscribers while the retail business delivered a double-digit EBITDA and industry leading EBITDA Ambani-led RIL reported a 78% year-on-year increase in its Q1FY26 consolidated net profit to Rs 26,994 crore, compared to Rs 15,138 crore in the year-ago period. The profit, attributable to the owners of the company, exceeded Street estimates of Rs 22,069 crore. The profit after tax (PAT) grew 39% on a sequential basis versus Rs 19,407 crore in surge in profit was primarily driven by one-time gain of Rs 8,924 crore from the sale of RIL's stake in Asian company's revenue from operations rose 5.3% to Rs 2,48,660 crore versus Rs 2,36,217 crore in the year ago period. Its gross revenue stood at Rs 2,73,252 crore in the quarter under review. It was up 6% on a YoY company's Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 58,024 crore rising by 36% over Rs 42,748 crore reported in the year ago period. Meanwhile, the EBITDA margin in the reported quarter stood at 21.2% rising by 460 bps on a YoY net debt as on June 30, 2025 stood at Rs 1,17,581 crore versus Rs 1,17,083 crore in Q4FY25 and Rs 1,12,341 crore in Jio, the telecom and digital arm of Reliance Industries reported a 25% YoY growth in its net profit at Rs 7,110 crore for the first quarter. While revenue from operations grew 19% YoY and stood at Rs 41,054 crore in the same period. The EBITDA Jumped 24% YoY to Rs 18,135 crore while EBITDA margin stood at 51.8%, rising 210 bps Average Revenue Per User (ARPU) stood at Rs 208.8, up 15% YoY. JioTrue5G user base crossed the 200 million milestone during the quarter and now stands at 213 million as of June the quarter, Jio reached the milestone of ~20 million connected premises with fixed more: Reliance Jio Q1 Results: PAT grows 25% YoY to Rs 7,110 crore; ARPU at Rs 208.8 Reliance Retail Ventures (RRVL) reported a 28% YoY growth in its net profit at Rs 3,271 crore for the first quarter. While revenue from operations grew 11% YoY and stood at Rs 73,720 crore in the same stood at Rs 6,381 crore, growing by 13% YoY while EBITDA margin was reported at 8.7%, recording a 20 bps business expanded its store network with 388 new store openings taking the total store count to 19,592 with area under operation at 77.6 million square feet. The registered customer base grew to 358 million. JioMart expanded quick hyper local deliveries registering 68% QoQ growth and 175% YoY growth of daily More: Reliance Retail Q1 Results: PAT rises 28% YoY to Rs 3,271 crore, revenue up 11% Segment revenue for 1QFY26 is lower by 1.5% YoY to Rs 154,804 crore ($ 18.1 billion) due to fall in crude oil prices and lower volumes on account of planned shutdown. Revenues were supported by higher domestic placement of transportation fuels through the Jio-bp EBITDA for 1QFY26 increased by 10.8% YoY to Rs 14,511 crore ($ 1.7 billion) due to favourable margins on domestic fuel retail, improvements in transportation fuel cracks as well as PP & PVC deltas. This was partially offset by lower volumes due to planned turnaround, and decline in polyester chain BP Mobility Limited (RBML) operating under brand Jio-bp, operates a country-wide network of 1,991 outlets versus 1,730 in 1QFY25. RBML quarterly sales for HSD (High Speed Diesel) grew at 34.2% and MS grew at 38.6% on YoY basis as against industry sales volume growth rate of (1.3%) for HSD and 7.1% for MS. RBML continued its robust sales clocking 172 TKL in 1QFY26 despite multiple disruptions during the quarter.1QFY26 revenue is lower by 1.2% YoY mainly on account of lower sales volume of KGD6 gas in line with natural decline in production. Revenue was also impacted by lower gas price for CBM gas and lower crude price realisation. This was partly offset by higher KGD6 gas price. The average price realised for KGD6 gas was $ 9.97/MMBTU in 1Q FY26 vis-à-vis $ 9.27/MMBTU in 1QFY25. The average price realised for CBM gas was lower at $9.90/MMBTU in 1Q FY26 vis-à-vis $11.59/MMBTU in 1Q declined 4.1% to Rs 4,996 crore on YoY basis on account of lower revenues coupled with higher operating costs due to maintenance on the results, Chairman & Managing Director Mukesh Ambani said that RIL has started FY26 with a robust, all-round operational and financial performance. Consolidated EBITDA for 1QFY26 improved strongly from the year-ago period, despite significant volatility in global macros, he said."During the quarter, energy markets encountered heightened uncertainty, with sharp fluctuations in crude prices. Our O2C business delivered strong growth, with thrust on domestic demand fulfillment and offering value-added solutions through Jio-bp network. Performance was supported by improvement in fuel and downstream product margins. Natural decline in KGD6 gas production resulted in marginally lower EBITDA for the Oil & Gas segment," Ambani the retail business, the CMD said that RIL's retail business continues to enhance its ability to fulfill everyday as well as specialized needs of all customer cohorts, through a multi-channel for Jio, he said that the business scaled newer heights during the quarter including crossing 200 million 5G subscribers and 20 million home connections.
India.com
04-07-2025
- Business
- India.com
Mukesh Ambani's big move: Reliance buys stake in this company, the plan is to...
Mukesh Ambani's big move: Reliance buys stake in this company, the plan is to... In a major development, Mukesh Ambani's Reliance Retail Ventures Limited (RRVL) has recently purchased a minority stake in FaceGym, a United Kingdom-based company. FaceGym, in the coming months, will introduce skincare brands in the Indian market. According to Reliance, this is part of its major plan to expand in the booming beauty and fitness sector. What Did Both The Companies Say? As per Reliance's statement, FaceGym will enter the Indian market with the help of Reliance Retail's brand Tira. Tira will look after the UK-based company's local operations and market development. Notably, FaceGym will bring its innovative concept to the Indian market. The Ambani-led company said that it will establish the brand and also expand its presence in the country in the next five years. To achieve this goal, the company is planning to mix single studio, curated areas in select Tira stores in major cities. What Reliance Retail Is Planning? Reliance Retail had recently stated that it is expanding its operations to a great extent, with plans to open more stores in order to expand its coverage area. The company has also witnessed a growth of 2.4 times in the number of orders from its Quick Commerce in the March quarter. While revealing its quarterly figures earlier this week, Reliance Retail Chief Financial Officer (CFO) Dinesh Taluja stated that this reported growth is significant for the company. What Is Reliance's Hyper-Local Delivery? Reliance offers hyper-local delivery in less the 30 minutes to as many as 4,000 pin codes across the country through its existing stores. Notably, the reach of Reliance's hyper-local delivery is far wider than any other quick commerce company. Reliance Retail's JioMart app provides customers with three options for quick and scheduled delivery.
India.com
26-05-2025
- Business
- India.com
Bad news for Mukesh Ambani, loses Rs 408000000000 in 5 days, is biggest…, Ratan Tata's TCS suffers loss of Rs 177100000000 in…
Reliance Industries, led by Mukesh Ambani saw a decline in its market valuation last week, and lost Rs 40,800.4 crore. As of May 23, the company's market cap was at Rs 19,30,339.56 crore. On Friday, Reliance's share price closed at Rs 1,426 on the NSE. Among India's top 10 most valued companies, the Ambani-led firm became the biggest loser of the week and also shows the overall weak performance in equity markets. The combined market valuation of six of the top-10 most valued firms eroded by Rs 78,166.08 crore last week, with Reliance Industries taking the biggest hit, in line with weak trends in equities. Last week, the BSE benchmark dropped 609.51 points or 0.74 per cent and the Nifty declined 166.65 points or 0.66 per cent. While Reliance Industries, TCS, ICICI Bank, State Bank of India, Infosys and Hindustan Unilever were the laggards, HDFC Bank, Bharti Airtel, Bajaj Finance and ITC were the gainers from the top-10 pack. Tata Consultancy Services' valuation dropped by Rs 17,710.54 crore to Rs 12,71,395.95 crore. The valuation of Infosys went lower by Rs 10,488.58 crore to Rs 6,49,876.91 crore and that of Hindustan Unilever eroded by Rs 5,462.8 crore to Rs 5,53,974.88 crore. The market capitalisation (mcap) of ICICI Bank edged down by Rs 2,454.31 crore to Rs 10,33,868.01 crore and that of State Bank of India dipped by Rs 1,249.45 crore to Rs 7,05,446.59 crore. However, the mcap of Bharti Airtel jumped Rs 10,121.24 crore to Rs 10,44,682.72 crore. The valuation of Bajaj Finance surged Rs 4,548.87 crore to Rs 5,74,207.54 crore and that of ITC climbed Rs 875.99 crore to Rs 5,45,991.05 crore. The mcap of HDFC Bank went up by Rs 399.93 crore to Rs 14,80,723.47 crore. Reliance Industries remained the most valuable firm followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and ITC. (With Inputs From PTI)
