Reliance Industries Limited (RIL) has announced its unaudited financial results for Q2 FY25, recording a net profit of ₹19,101 crore, with revenue from operations at ₹235,481 crore. This represents a robust financial performance driven by its diverse business segments, including oil to chemicals, retail, and digital services. The company’s strong revenue was further supported by its Oil and Gas segment, which contributed ₹6,222 crore. The board approved the results after its meeting on October 14, 2024.
Financial Highlights:
- Net Profit: ₹19,101 crore, a 3.63% decrease from ₹19,820 crore in the same quarter last year.
- EBIT (Earnings Before Interest and Tax): ₹29,025 crore, down 5.22% from ₹30,623 crore last year.
- Revenue from Operations: ₹2.58 lakh crore, with revenue excluding GST at ₹2.35 lakh crore.
- Other Income: ₹4,876 crore, up from ₹3,841 crore in the same quarter last year.
- Total Expenses: ₹2.15 lakh crore for the quarter.
