Reliance shares slip after Q4 profit drops 13 percent but brokers still see upside

Profit fell 13 percent yet analysts highlight recovery in O2C

Reliance Industries shares fell more than 1% after Q4 profit declined 13% year on year, even as revenue grew. Still, most brokerages stayed constructive, pointing to potential recovery in O2C, stable momentum in retail and digital, and improving margins. They also flagged near-term challenges across energy and petrochemicals that could weigh on sentiment.