Nuvama expects Reliance Q2 profit to rise 15% to ₹20,900 cr

Reliance Industries' consolidated EBITDA could rise 17% YoY to ₹53,700 crore in Q2 FY27, according to Nuvama estimates. The brokerage expects profit after tax of ₹20,900 crore, up 15% YoY. Stronger oil-to-chemicals and digital performance is expected to partly offset weaker trends in the oil and gas and retail businesses.