Reliance Industries has witnessed a notable surge in its stock value, climbing 1.5% to reach an impressive intra-day peak of Rs 1,426.70 on the National Stock Exchange. This remarkable performance places it among the leading stocks on the Nifty 50 index during early trading hours. Over the course of the week, Reliance’s shares have surged nearly 10%, fueled by promising earnings reports and a revitalized commitment to fostering profitability within its retail segment.
Reliance Retail’s Ambitious Profitability Goals
Reliance Retail is setting ambitious goals, aiming for every new store to achieve profitability within a span of 6 to 12 months. According to a recent report from The Economic Times, if these stores fail to meet this target, the company plans to either close them or transition to a different retail format.
Nifty 50 Shows Positive Momentum
In Friday’s trading session, the Nifty 50 index reached a high of 24,589.15, reflecting a robust market climate. Reliance Industries’ stock has been on a positive trajectory following the announcement of its quarterly earnings for the last quarter of the fiscal year 2025.
Jio Financial Services Gains Ground
Meanwhile, shares of Jio Financial Services have experienced a significant rebound, soaring 30.76% from their record low of Rs 198.60, which was recorded on March 3, 2025. This upward trend signals investor confidence in the company’s future prospects.
Q4 Financial Highlights for Reliance Industries
In its recent financial disclosures, Reliance Industries reported a consolidated net profit of Rs 19,407 crore for the fourth quarter of FY 2025-25, marking a 2.4% year-on-year increase from Rs 18,951 crore in Q4FY24. The company also declared a dividend of Rs 5.5 per equity share for FY25. Furthermore, its operational revenue rose to Rs 2.6 lakh crore, up from Rs 2.4 lakh crore in the prior quarter.
A Look Back at Q3 Results
In Q3FY25, Reliance Industries reported a consolidated net profit of Rs 18,540 crore, reflecting a 7% year-on-year growth. The operational revenue climbed by 6.7%, reaching Rs 2.43 lakh crore, compared to Rs 2.40 lakh crore in Q3FY24.
Strong Overall Stock Performance
Over the past five trading days, Reliance Industries’ stock has appreciated by 6.5%. In the last month, it has delivered a 13.4% return, and over the last six months, it has gained 9%. However, it’s noteworthy that the stock has experienced a decline of 3.4% over the past year.
In summary, Reliance Industries is navigating through a promising phase with strategic retail initiatives and strong financial results, making it a key player to watch in the coming months.