Reliance Industries is set to announce its Q3 earnings, and all eyes are on the performance of its refining and retail businesses as key drivers for a potential turnaround. Analysts expect robust refining margins to boost profitability, supported by favorable market conditions and higher throughput. The retail segment is also anticipated to show significant growth, reflecting strong consumer demand and the company's aggressive expansion strategy. Meanwhile, Reliance Jio’s telecom arm will likely maintain steady performance with subscriber growth and data revenue playing a crucial role. This preview delves into the key factors shaping the company's Q3 results and the market's expectations for one of India's largest conglomerates. Stay tuned for insights into how these divisions are steering Reliance toward recovery and growth.
