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Reliance Industries Q1 result is set to be released today, July 19. While focus remains on the Reliance share price, you must also keep an eye on other companies releasing their Q1 results today including, Wipro, Paytm, JSW Steel, BPCL, Indian Hotels, and more.
Today, Reliance Industries share price will be closely watched as investors anticipate its Q1 results. Similarly, Paytm, JSW Steel, BPCL, Indian Hotels, and Wipro share prices will also be in focus as they announce their Q1 earnings today. Let's explore industry experts' forecasts on Reliance Industries’ performance.
Reliance Industries Q1 PAT (consolidated) is projected between ₹14,999 crore and ₹19,084 crore. Revenue is estimated to range from ₹2,31,463 crore to ₹2,22,254 crore. However, the company’s O2C segment may negatively impact overall revenue and profit due to a decrease in gross refining margin from falling diesel and petrol prices.
Wipro's Q1 revenue is expected to fall by 2% year-on-year, while net profit is projected to rise by 4%. This follows an 8% decline in net profit and a 4% drop in revenue in the previous March quarter. Key aspects to focus on will be insights into the consulting sector, especially in the BFSI vertical, the status of large deals, and the outlook for client discretionary spending.
Additional Read: Share Market News
Whether you're an investor tracking earnings or simply curious about corporate performance, stay in the loop with updates from the Indian companies set to release their quarterly results today.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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