About this document
Reliance Industries Q4FY24 Results Review by ashishgangwal03 is a document available to read on EtoBox.
Reliance Industries reported strong Q4FY24 results with consolidated EBITDA of INR 425bn, an 11% YoY increase, driven by growth in its retail and digital segments. The company maintains an ADD rating with a revised price target of INR 3,255 per share, supported by recovery in O2C businesses and potential value unlocking in digital and retail sectors. Key highlights include a net profit of INR 190bn and a reduction in net debt to INR 1,163bn.
- Author
- ashishgangwal03
- Language
- EN