Denemek ALTIN - Özgür

RIL earnings growth to rise in FY26: Goldman

Business Standard

|

April 03, 2025

Brokerage continues to see favourable risk-reward for the stock

- SAI ARAVINDH

RIL earnings growth to rise in FY26: Goldman

Ukesh Ambani-led Reliance Industries (RIL) is likely to post muted sequential fourth-quarter margins, according to Goldman Sachs, with earnings growth likely to resume in this financial year.

The global research firm highlighted that the market will focus mainly on the retail segment growth trends and the residual tariff hike-driven growth in Jio.

"We expect to hear from the company on guidance for retail growth into FY26 and updates to new energy capacity construction progress," it said in a note on March 28.

The conglomerate's net asset value has moderately improved but remains wide relative to the historical average amid a flat operational margin in FY25 and an earnings downgrade cycle.

Goldman Sachs believes that earnings growth will resume in FY26, driven by a rebound in retail earnings before interest, taxes, depreciation and amortization (EBITDA) growth, acceleration in Jio's earnings growth to 24 per cent and improving refining margins.

Business Standard'den DAHA FAZLA HİKAYE

Business Standard

Women in a new India

Shinjini Kumar's debut book is a timely work of narrative nonfiction that reframes contemporary India’s economic story through women’s lives beyond the bustling metros.a

time to read

3 mins

February 11, 2026

Business Standard

Business Standard

Missing synergy

India needs to forge greater coherence among its military, academia and industry to build a pipeline of world-class defence technologies

time to read

6 mins

February 11, 2026

Business Standard

Titan net zooms 61% to ₹ 1,684 cr

Leading jewellery and watchmaker Titan on Tuesday reported 60.84 per cent increase in consolidated net profit at ₹1,684 crore for December quarter FY26, led by the domestic jewellery business.

time to read

1 mins

February 11, 2026

Business Standard

Japan’s Thatcher

Ms Takaichi offers a new vision of Japan - Sanae Takaichi’s landslide victory in the snap polls over the weekend is likely to profoundly alter the dynamics of Japanese politics and Indo-Pacific geopolitics.

time to read

2 mins

February 11, 2026

Business Standard

Business Standard

'US trade deal has eased uncertainty around India's growth outlook'

Private consumption in India is likely to keep growing over 7 per cent but further interest rate cuts are unlikely over the next year, says US-based Aditya Bhave, senior US economist at BofA Global Research. In an email interview, he tells Puneet Wadhwa that with the US midterm elections in November, the firm expects trade policy to pivot to a more supportive stance for growth. Edited excerpts:

time to read

4 mins

February 11, 2026

Business Standard

Banks reap windfall from surplus liquidity arbitrage

Commercial banks are borrowing from the overnight market and parking the funds in the Reserve Bank of India’s (RBI's) standing deposit facil-ity (SDF), exploiting a widening spread between the two as the central bank has stayed away from absorbing surplus liquidity through variable rate reverse repo (VRRR) auctions.

time to read

3 mins

February 11, 2026

Business Standard

Sebi may tighten scrutiny of IPO, QIP proceeds

Threshold to appoint monitoring agency could be lowered to ₹50 crore.

time to read

2 mins

February 11, 2026

Business Standard

Business Standard

Dixon’s valuation factors in multiple headwinds

Brokerages have mixed views on performance of EMS major

time to read

2 mins

February 11, 2026

Business Standard

On India-US table: Locking in duty-free e-transmissions

TRADE DEAL: FACT SHEET BY WHITE HOUSE

time to read

2 mins

February 11, 2026

Business Standard

Business Standard

Managing expenditure

Not just revenue spending, even capital expenditure needs to be closely monitored

time to read

4 mins

February 11, 2026

Listen

Translate

Share

-
+

Change font size