Q3 2023 Reliance Industries Ltd Earnings Call Transcript
Good evening, and welcome to the Third Quarter Financial Year 2023 Results Presentation of Reliance Industries Limited.
As always, we will start with Srikanth Venkatachari, who will give you an overview of the financial performance for this quarter. Over to you, Srikanth.
Thanks, again, and good evening, friends. Starting with the highlights.
So consolidated EBITDA was INR 38,460 crores, which is 13.5% higher, and it was on the back of consumer business strength and upstream. O2C earnings improved with middle distillate cracks. There has been, of course, as you know, margin pressure on the downstream chemicals, which we will talk in during the presentation of the business.
Overall, retail EBITDA was very strong on the back of store expansion, footfalls were good and also the growth in digital businesses. On the digital side, we are seeing strong traction in subscriber growth as well as data traffic. And as far as 5G coverage is concerned, we have now been -- expanded to 100
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
