Decoding RIL Q1 earnings
  • WebDesk BTVI
  • Jul 22 2019

RIL posted a strong Q1, with a 2% positive supply on net profit expectations. Consolidated PAT stood at Rs 10,104 crore vs Rs 9,459 crore, up by 6.8% YoY. Petchem helped RIL gain EBITDA margin while retail, Jio and refining were in-line with expectations. The company has signed pact with Brookfield for investment of Rs 25,215 crore in Tower Infra Trust units.