Mukesh Ambani’s Reliance Industries has recently announced its financial results for the fourth quarter of fiscal year 2025, showcasing a modest yet encouraging performance. The board has proposed a dividend of ₹5.50 per equity share, reinforcing its commitment to shareholder value. This comes alongside a 2.4% year-on-year increase in net profit, driven largely by a resurgence in the retail sector and resilient oil operations.

Strong Financial Performance

In the latest financial report, Reliance Industries revealed a consolidated net profit of ₹19,407 crore for the January-March quarter, translating to ₹14.34 per share. This marks an increase from ₹18,951 crore or ₹14 per share during the same period last year. The profit also reflects a rise from the ₹18,540 crore recorded in the previous quarter (October-December).

• Revenue Growth: The company’s operational revenue surged to ₹2.6 lakh crore, up from ₹2.4 lakh crore in the previous year’s quarter.

Key Drivers of Growth

Reliance’s impressive performance can be attributed to several factors:

• Jio Platforms (JPL): The segment played a pivotal role, exhibiting a 16.9% year-on-year revenue increase. This growth was fueled by higher average revenue per user (ARPU) and robust demand for home connectivity and digital services. JPL’s EBITDA also saw a commendable rise of 16.8% year-on-year.

• Retail Sector: The retail business contributed significantly, generating revenue of ₹88,637 crore while maintaining a steady EBITDA margin of 7.6%.

Despite a dip in margins to 9.2% within the oil-to-chemicals (O2C) segment, the overall performance of Reliance Industries remained stable. Seema Srivastava, a Senior Research Analyst at SMC Global Securities, noted that the growth in key segments has effectively offset certain impacts on profitability.

Market Reaction

On the Bombay Stock Exchange (BSE), Reliance Industries’ share price closed at ₹1,300.05, reflecting a slight decrease of 0.12%. Investors will be keenly observing how the company navigates future market conditions, particularly in the O2C segment.

This quarter’s results underline Reliance Industries’ resilience and adaptability in a challenging economic landscape, with a balanced approach to growth across its diverse business segments. As the company continues to innovate and expand, stakeholders remain optimistic about its trajectory moving forward.

For more insights on Reliance’s financial health and market strategies, check out our previous analyses on Reliance Retail Q4 Results and Jio Platforms Growth.