{"id":490460,"date":"2022-05-10T09:19:34","date_gmt":"2022-05-10T03:49:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=490460"},"modified":"2022-05-10T09:28:39","modified_gmt":"2022-05-10T03:58:39","slug":"reliance-likely-to-clock-20-bn-ebitda-by-end-2022-morgan-stanley","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-likely-to-clock-20-bn-ebitda-by-end-2022-morgan-stanley\/","title":{"rendered":"Reliance likely to clock $20 bn EBITDA by end 2022: Morgan Stanley"},"content":{"rendered":"<p>A refining golden age, tightening global gas markets and improving telecom subscriber quality point to a USD 20 billion-plus EBITDA run rate for Reliance Industries Ltd by end-2022, Morgan Stanley said Monday.<\/p>\n<p>Post becoming the first company to hit USD 100 billion revenue in the fiscal year ended March 31, &#8220;Reliance is on a path toward a USD 20 billion+ EBITDA run rate inflection, with five-pronged support&#8221; of high refining margin, telecom revenue per user rising, global gas market tightening, rising traction on digital commerce and superior petrochemical spreads, it said in a note.<\/p>\n<p>On Friday, Reliance Industries Ltd (RIL) reported a consolidated EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) &#8212; a measure of a company&#8217;s overall financial performance &#8212; of Rs 1,25,687 crore (USD 16 billion) for April 2021 to March 2022 fiscal (FY22), up 29 per cent year on year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A refining golden age, tightening global gas markets and improving telecom subscriber quality point to a USD 20 billion-plus EBITDA run rate for Reliance Industries Ltd by end-2022, Morgan Stanley said Monday. Post becoming the first company to hit USD 100 billion revenue in the fiscal year ended March 31, &#8220;Reliance is on a path toward a USD 20 billion+ EBITDA run rate inflection, with five-pronged support&#8221; of high refining margin, telecom revenue per user rising, global gas market tightening, rising traction on digital commerce and superior petrochemical spreads, it said in a note. On Friday, Reliance Industries Ltd (RIL) [&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":[135,130,169],"tags":[],"class_list":["post-490460","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/490460","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=490460"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/490460\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=490460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=490460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=490460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}