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RIL Ebitda may grow in double digits in Q2

Financial Express Mumbai

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October 16, 2025

DRIVEN BY GROWTH in retail, Jio, and oil to chemicals (02C) businesses, Reliance Industries (RIL) could post 13-14% year-on-year Ebitda growth in the second quarter of this financial year, brokerages have said. Sequentially, growth in earnings before interest,taxes and depreciation & amortisation (Ebitda) is expected to be flat, they said.

- RAGHAVENDRA KAMATH

In the first quarter, the conglomerate posted its highest-ever quarterly Ebitda and yo-y Ebitda growth of 36%.

JP Morgan said RIL could report 14%yo-y growthincon-solidated Ebitda, driven by improved O2C margins, which will be supported by a weaker rupee and the telecom tariff hikes from last year.

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