As the earnings season reaches its peak, Reliance Industries Limited (RIL)—India’s largest company by market capitalization—is preparing to unveil its fourth-quarter results for the financial year ending March 31, 2025. Investors and analysts alike are eagerly anticipating this report, which will provide insights into the company’s performance across various sectors, including telecom and retail.
Expectations for Q4 Performance
Analysts from major brokerage firms predict a mixed bag for RIL’s fourth-quarter earnings. The telecom and retail segments are expected to show modest growth, with Goldman Sachs projecting a 6.5% year-on-year increase in retail revenue, excluding connectivity. Furthermore, Jio, the telecom arm, is anticipated to see a 4% quarter-on-quarter revenue growth, outperforming Bharti Airtel by 200 basis points. However, the oil and gas sector may struggle due to rising crude oil prices.
- Retail Growth: Expected to rise by 6.5% YoY
- Jio Revenue: Anticipated 4% growth QoQ, outpacing competitors
- Oil & Gas Challenges: Impacted by high crude prices
Insights on EBITDA and Market Focus
Goldman Sachs has indicated that RIL’s core EBITDA for Q4 might remain stable compared to the previous quarter. Investors will likely concentrate on two key areas:
- Trends in Retail Growth: How is the retail sector evolving?
- Jio Revenue Drivers: The impact of recent tariff hikes on revenue growth.
Recap of Previous Earnings
In its third quarter of FY25, RIL reported impressive figures, with consolidated revenues reaching ₹2.4 lakh crore, marking a 6.7% increase year-on-year. The net profit also saw a rise, reaching ₹18,540 crore, which translates to a 7% growth from the previous fiscal year. This strong performance sets a promising backdrop for the upcoming results.
Upcoming Announcements
Reliance is set to disclose its Q4 results today, April 25, 2025, along with a dividend announcement for shareholders. According to an earlier regulatory filing, the Board of Directors will convene to:
- Approve the audited financial results for Q4 and the full year.
- Discuss potential fundraising through secured/unsecured non-convertible debentures.
- Recommend a dividend for the financial year ending March 31, 2025.
Stay Updated
Join us for live updates and insights as Reliance Industries prepares to share its Q4 and full-year results. We’ll provide timely updates on key figures, management commentary, and market reactions. Keep an eye on this space for the latest developments!
