Reliance Industries will report its results for the July–September quarter on Friday, October 30, the company told stock exchanges on October 27. The board will also consider raising funds through privately placed non-convertible debentures in one or more tranches. The company did not disclose an amount.

What it reported last quarter

For the April–June quarter, Reliance reported:

  • Consolidated revenue up 25.4% year on year to ₹3.12 lakh crore.
  • Recurring EBITDA up 10.1% to a record ₹54,067 crore.
  • Recurring profit after tax up 6.1% to a record ₹23,196 crore; reported profit attributable to owners fell 22% to ₹20,946 crore because the year-ago quarter included a one-off gain.
  • Jio Platforms EBITDA of ₹20,865 crore with a 53.3% margin and more than 533 million subscribers.

The oil-to-chemicals business grew core earnings by 17.2%, while retail earnings were muted by continued investment in digital commerce. An analyst meeting will follow the board meeting.