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India's leading conglomerate Reliance Industries Ltd (RIL) will announce its fourth quarter results today. The company is expected to see decline in profitability on the back of weak oil-to-chemicals (O2C) business. However, the retail and Jio businesses show strength and contribute heavily to the overall growth.Here are 5 things to watch out for in RIL Q4 resultsCore EarningsOn average, six brokerages expect the company’s net profit for the fourth quarter to drop by about 5% compared with last year. At the same time, they predict its sales revenue will go up by around 4%.Analysts see Reliance Industries’ overall EBITDA (earnings before interest, taxes, depreciation, and amortization) will grow between 1% and 3%, thanks mostly to higher telecom prices and a stronger retail business.O2C business to remain weakO2C’s (oil-to-chemicals) EBITDA is estimated at around Rs 13600 crore in the fourth quarter, a moderation of 6% quarter-on-quarter (QoQ), led by lower refining margins due decline in spreads for gasoline and jet fuel, partly offset by favorable FX movements.Refining margins are also likely to moderate to $8.9 per bbl.Retail business to show strengthThe growth for Reliance Retail likely remained healthy in the fourth quarter as Nomura estimated core retail revenue of Rs 57,500 crore, up 15% YoY and EBITDA of Rs 6600 crore, up 16% YoY, with margins rising to 7.5%.Jio's dominance to continueThe consumer-facing business continues to deliver at a healthy pace even in Jio. Analysts estimate Jio’s EBITDA at Rs 15600 crore, underpinned by strong increase in subscriber base by 6 million subs to 488 million and modestly higher ARPU of Rs 205 per month.DividendAlong with the fourth quarter, the Board said it will consider and approve a dividend for investors. This will be the first dividend after nearly three quarters and also first for the fiscal year 2025.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Gold prices climbed Rs 200 to Rs 99,400 per 10 grams in the national capital on Thursday following fresh buying by stockists and jewellers and a weak dollar, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity took a U-turn from the historic Rs 1 lakh-mark and declined Rs 2,400 to Rs 99,200 per 10 gram on Wednesday. Gold of 99.5 per cent purity also increased Rs 200 to Rs 98,900 per 10 grams against the previous close of Rs 98,700 per 10 grams. US Treasury Secretary Scott Bessent on Wednesday said the current trade standoff between the US and China could continue for a while. Adding to this, there were reports that President Donald Trump signalled that China may receive a new tariff rate in the next "two to three weeks" while countries that are currently in the negotiation phase might see reciprocal tariffs come in if negotiations are not going the way he wants. According to commodities market experts, remarks by Trump and Bessent help revive demand for the safe-haven bullion following a corrective slide from the all-time peak. Meanwhile, silver prices appreciated Rs 700 to Rs 99,900 per kg on Thursday. The white metal had settled at Rs 99,200 per kg in the previous close. In futures trade, gold contracts for June delivery bounced Rs 1,046, or 1.1 per cent, to Rs 95,768 per 10 grams on the Multi Commodity Exchange. "Gold opened with a strong gap-up of over Rs 1,000, hitting Rs 95,700 on MCX, as Comex gold held firm above USD 3,300. The renewed upside came after a sharp shift in the Trump administration's tone -- indicating that tariffs may still remain a central part of the conversation before any concrete trade talks with China begin. "This delay in diplomatic progress, coupled with uncertainty around China's official response, continues to keep risk sentiment elevated," Jateen Trivedi, VP Research Analyst, Commodity and Currency at LKP Securities, said. Notably, China has yet to issue a strong or clear stance on the trade discussions, which adds to the geopolitical fog, Trivedi added. Globally, spot gold rose USD 47.16, or 1.43 per cent, to USD 3,335.50 per ounce. "Gold prices rose after a short-lived correction triggered by profit booking as the metal hit record highs but quickly rebounded as President Donald Trump's frequent shifts in trade policy unsettled investor sentiment. "This resulted in uncertainty around the US economic outlook which has boosted demand for gold as a safe-haven asset," Abans Financial Services' Chief Executive Officer Chintan Mehta said. According to Kotak Securities' AVP of Commodity Research Kaynat Chainwala, upcoming US macroeconomic data, including jobless claims, and durable goods orders could influence bullion prices direction later in the day. Spot silver in the Asian trading hours fell 0.48 per cent to USD 33.42 per ounce.