Q2 result preview: Petchem likely to boost Mukesh Ambani's RIL profit

Buoyed by its petrochemicals business, Mukesh Ambani-led Reliance Industries (RIL) is expected to report a steady performance for the September quarter. The oil-to-telecom major, however, could see its refining margins come under pressure.

RIL will announce financial results for the September quarter on Wednesday. In addition to how the company performs in its various business segments, the Street will watch out for more clarity on the capital expenditure plans.

In a Bloomberg poll, seven analysts expect RIL to report consolidated revenue of Rs 1.40 trillion and 10 analysts expect RIL’s net income to be Rs 96.29 billion. In the corresponding