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RIL Q2 results preview: Profits may fall up to 34% YoY; retail biz performance in focus

image Mumbai: Mukesh Ambani-controlled Reliance Industries may report an up to 34% year-on-year (YoY) drop in its profit when it unveils its September quarter earnings on Friday. The company may, however, log a sequential improvement in Q2 net even though full-recovery to pre-Covid levels is yet to happen.

Analysts will also wait and watch company’s take on the legal tussle between Amazon Inc and Future Group, which has put the RIL-Future Group on hold.

Kotak Institutional Equities e ..

Read more at:
https://economictimes.indiatimes.com/markets/stocks/earnings/ril-q2-preview-profits-may-dip-but-jio-and-retail-could-see-sequential-improvement/articleshow/78936317.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst.............................ET

30-Oct-2020