{"id":348866,"date":"2020-04-30T11:22:45","date_gmt":"2020-04-30T05:52:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=348866"},"modified":"2020-04-30T12:05:32","modified_gmt":"2020-04-30T06:35:32","slug":"ril-set-to-post-tepid-q4-nos-all-eyes-on-rights-issue-aramco-deal-status","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-set-to-post-tepid-q4-nos-all-eyes-on-rights-issue-aramco-deal-status\/","title":{"rendered":"RIL set to post tepid Q4 nos; all eyes on rights issue, Aramco deal status"},"content":{"rendered":"<p>Mumbai: Oil-to-telecom conglomerate Reliance Industries (RILNSE 3.07 %) is all set to post tepid earnings for March quarter on Thursday, as Covid-19 pandemic cast its shadow on the refinery and retail businesses, while decent performance at Jio may limit some of these losses.<\/p>\n<p>Apart from earnings, the key focus will be on the details of the rights issue, fineprint of the Facebook-Jio deal and any progress of the deal with Saudi Aramco.<\/p>\n<p>The finer details on the debt reduction plan will be keenly awaited. <\/p>\n<p>BofA Securities expects RIL\u2019s profit after tax (PAT) to decline 8 per cent quarter-on-quarter (QoQ) to Rs 10,700 crore mainly on the back of weakness in refinery &amp; retail businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Oil-to-telecom conglomerate Reliance Industries (RILNSE 3.07 %) is all set to post tepid earnings for March quarter on Thursday, as Covid-19 pandemic cast its shadow on the refinery and retail businesses, while decent performance at Jio may limit some of these losses. Apart from earnings, the key focus will be on the details of the rights issue, fineprint of the Facebook-Jio deal and any progress of the deal with Saudi Aramco. The finer details on the debt reduction plan will be keenly awaited. BofA Securities expects RIL\u2019s profit after tax (PAT) to decline 8 per cent quarter-on-quarter (QoQ) to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-348866","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=348866"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348866\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}