Double-digit Ebitda growth likely for RIL
Reliance Industries (RIL) is expected to report record Ebitda in Q1, with Goldman Sachs predicting a 15% year-on-year growth driven by strong performance in refining, telecom, and retail segments. Market focus will be on retail and oil-to-chemicals segments, with expected growth of 19% in Q1. RIL is entering an exciting phase, with notable improvements expected in key performance indicators.