Results preview: Retail hit to offset RIL's crude price gains, say analysts

Analysts expect the improvement in energy margins on the back of a pickup in global demand to support the consolidated performance of Reliance Industries (RIL) in the first quarter (Q1) of financial year 2021-22 (FY22). However, the gains are also expected to be offset by the challenges in the retail and petrochemicals businesses, and a flattish show in telecom.
 
RIL’s board is scheduled to consider and approve the unaudited financial results for Q1 on Friday.
 
RIL’s core earnings and Ebitda (earnings before interest, taxes, depreciation, and amortisation) are expected to rise marginally by 2.5 per cent and 1.5