Key Points
Brokerage Nomura also expects the companys earnings before interest tax depreciation and amortisation (Ebitda) to grow 31.5% versus last year to Rs 4,872 crore, on the back of aggressive store expansion and benefits of operating leverage...
As a result, sequentially, Reliance Retail may see topline and Ebitda growth of 4.7% and 4.6%, respectively, versus the December quarter, according to estimates by analysts at Nomura, JP Morgan and Jefferies...
Also, Reliance Retails FMCG arm Reliance Consumer Products will be in focus since it launched its indigenous consumer packaged goods brand called Independence in Gujarat in Q4, added BOB Capital Markets analysts...
The company is also bringing ice-cream to Gujarat and has plans to scale up its launches in snacks, beverages, personal and household care, sector experts said.. Apart from this, Reliance Retail may provide an update on the integration of Metro AGs India business that came into the companys fold in Q4..
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