Reliance Industries share price gained on Thursday ahead of the announcement of its earnings for the third quarter of FY25. Reliance share price rose nearly 1% to ₹1,264.30 apiece on the BSE.

Reliance Industries Q3 results are set to be out today, January 16. The billionaire Mukesh Ambani-led oil-to-telecom-to-retail conglomerate is estimated to report a mixed set of numbers in Q3FY25.

RIL is estimated to post strong earnings growth in the telecom business Jio, improvement in refining margins, and a modest growth in the retail business.

However, RIL’s core oil-to-chemical (O2C) segment is estimated to post muted earnings in the quarter ended December 2024. RIL’s O2C EBITDA is expected to grow 2% QoQ due to a recovery in refining…