Topic
q2 earnings
Reliance Industries Q2 FY27 Results: Record EBITDA, Revenue Surges 25% Year-on-Year
Reliance Industries Ltd reported its highest-ever quarterly core profit and EBITDA for the June quarter, with consolidated revenue rising 25.4% year-on-year to Rs 3.12 lakh crore. Recurring EBITDA increased 10.1% to a record Rs 54,067 crore, despite geopolitical tensions and volatile commodity markets. The Oil-to-Chemicals and Jio Platforms businesses drove strong performance.
Logistics Analysts Raise TL, LTL Estimates Ahead of Q2 Earnings Season as Trucking Upcycle Gains Steam
Ahead of Q2 earnings season, analysts at Deutsche Bank and Morgan Stanley have raised expectations for truckload and less-than-truckload carriers. Deutsche Bank's Richa Harnain forecasts median EPS growth of 15% in Q2 and 21% in Q3, with LTL operators leading the way. Morgan Stanley's Ravi Shanker raised estimates by 5% but downgraded his industry view to in-line, citing stretched valuations.