{"id":463411,"date":"2022-01-22T11:02:38","date_gmt":"2022-01-22T05:32:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=463411"},"modified":"2022-01-22T12:29:05","modified_gmt":"2022-01-22T06:59:05","slug":"rils-fy21-24-earnings-growth-estimate-likely-to-stay-at-25","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rils-fy21-24-earnings-growth-estimate-likely-to-stay-at-25\/","title":{"rendered":"RIL&#8217;s FY21-24 earnings growth estimate likely to stay at 25%"},"content":{"rendered":"<p>ET Intelligence Group: Record retailing revenues driven by higher store sales and recovery in the oil-to-chemical segment due to the easing of mobility curbs globally lifted earnings growth at Reliance Industries, with India&#8217;s biggest company by all conventional parameters beating consensus estimates of operating profit by as much as 5%.<\/p>\n<p>To be sure, RIL NSE 0.02 %&#8217;s bottom-line performance seems even richer, aided by exceptional income. Net profit includes exceptional income of \u20b92,872 crore on divestment of an energy asset in North America. RIL&#8217;s net profit has outpaced consensus estimates in eight out of 10 previous quarters with an average beat of 7.1%, Bloomberg data showed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ET Intelligence Group: Record retailing revenues driven by higher store sales and recovery in the oil-to-chemical segment due to the easing of mobility curbs globally lifted earnings growth at Reliance Industries, with India&#8217;s biggest company by all conventional parameters beating consensus estimates of operating profit by as much as 5%. To be sure, RIL NSE 0.02 %&#8217;s bottom-line performance seems even richer, aided by exceptional income. Net profit includes exceptional income of \u20b92,872 crore on divestment of an energy asset in North America. RIL&#8217;s net profit has outpaced consensus estimates in eight out of 10 previous quarters with an average [&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-463411","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\/463411","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=463411"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463411\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=463411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=463411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=463411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}