Shares of Reliance Industries Ltd surged 3.05% to ₹1,340 in Friday’s session after the company reported a resilient set of earnings for the fourth quarter ended March 31, 2025, and announced major corporate developments.
For Q4FY25, Reliance Industries posted a 2.4% year-on-year (YoY) rise in consolidated net profit attributed to owners of the company, at ₹19,407 crore, compared to ₹18,951 crore in the same period last year. The company’s gross revenue for the quarter stood at ₹2,88,138 crore, up 8.8% YoY, driven by strong double-digit growth in both the O2C and consumer businesses.
For the full financial year FY25, the company’s net profit remained largely flat at ₹69,648 crore, compared to ₹69,621 crore in FY24. However, it delivered a record annual consolidated revenue of ₹10,71,174 crore, reflecting a 7.1% YoY increase.
Reliance also announced a dividend of ₹5.5 per share of face value ₹10 and approved raising ₹25,000 crore through Non-Convertible Debentures (NCDs).
Key segment highlights:
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Digital Services (Jio Platforms):
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Quarterly net profit surged 25.7% YoY to ₹7,022 crore.
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Added 6.1 million net subscribers during the quarter.
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ARPU improved to ₹206.2.
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Subscriber base reached 488.2 million, including 191 million True5G users.
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Reliance Retail:
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Quarterly revenue rose 15.7% YoY to ₹88,620 crore.
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EBITDA grew 14.3% YoY to ₹6,711 crore, with a margin of 8.5%.
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Net profit jumped 29% YoY to ₹3,545 crore.
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Oil to Chemicals (O2C):
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Segment revenue climbed 15.4% YoY to ₹1,64,613 crore.
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EBITDA declined 10% YoY to ₹15,080 crore, impacted by lower fuel cracks and weak downstream chemical margins.
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Oil & Gas segment:
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Revenue slightly dipped by 0.4% YoY to ₹6,440 crore.
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EBITDA fell 8.6% YoY to ₹5,123 crore due to one-time maintenance and higher government levies.
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Mukesh Ambani’s comments
Reliance Chairman and Managing Director Mukesh D. Ambani said,
“FY2025 has been a challenging year for the global business environment, with weak macro-economic conditions and a shifting geo-political landscape.”
“Our focus on operational discipline, customer-centric innovation and fulfilling India’s growth requirements has helped Reliance deliver a steady financial performance during the year.”
“The Oil to Chemicals business posted a resilient performance despite considerable volatility. Retail delivered consistent growth with a focus on sustainable expansion. Our Digital Services business achieved record revenue and profit numbers, with Jio continuing to invest in next-gen technologies including AI.”
Importantly, Reliance Industries also achieved a historic milestone by becoming the first Indian company to achieve a net worth of over ₹10 lakh crore.
