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RELIANCE Conglomerate 27 Oct 2023

Reliance Industries Ltd — Q2 FY24

Reliance Industries delivered a record consolidated EBITDA of INR 45,000 crore in Q2 FY24, up 30% YoY, driven by strong performance across all segments.

bullish high
Compare with...
Revenue ₹2,31,886 Cr 0%
EBITDA ₹45,000 Cr +30%
PAT ₹19,878 Cr +30%
EBITDA Margin 18%
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter3
Delivered0
Missed3

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q1 FY24

Pan-India 5G rollout completion by December 2023

Management confirmed the 5G rollout is ahead of schedule and will be completed before end of calendar year 2023.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q1 FY24

KG-D6 gas production target of 30 MMSCMD in FY24

Production is ramping up and expected to reach 30 million standard cubic meters per day during FY24.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q1 FY24

JioBharat device deployment of 1 million units

Initial deployment of about a million JioBharat devices through own offering and OEM partners to target 2G-to-4G migration.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1