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Reliance Industries - Q4FY13 Result Preview - Angel Broking



Posted On : 2013-04-15 21:33:17( TIMEZONE : IST )

Reliance Industries - Q4FY13 Result Preview - Angel Broking

Reliance Industries Ltd (RIL) is scheduled to announce its 4QFY2013 results today. We expect the company's top-line to increase 8.0% yoy to Rs.92,008cr due to higher petrochemical prices during the quarter. We expect the company's operating margin to expand 121bp yoy to 8.0%. The bottom-line is expected to increase by 24.7% yoy to Rs.5,282cr. We maintain our Neutral view on the stock.

Source : Equity Bulls

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