RIL's Oct-Dec net profit to rise YoY after 3 quarters of fall
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Earnings Outlook

RIL's Oct-Dec net profit to rise YoY after 3 quarters of fall

Analysts expect Reliance Industries Ltd. to report a year-on-year rise in consolidated net profit for the December quarter after three quarters of decline. A sequential improvement in refining margins is likely to aid the company's profitability, but the overall margins are seen to be still weak, which will limit the year-on-year growth in net profit to just over 3%.

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