Oil-to-telecom major Reliance Industries is likely to report 30-50 per cent year-on-year rise in consolidated net profit for the June quarter on a 60-100 per cent jump in sales. Ebitda margin is seen contracting up to 260 basis points on a yearly basis. Sequentially, the performance may be weak due to lockdowns.

Source: Economic Times July 22, 2021 12:56 UTC