Reliance Industries Ltd

In a landmark achievement for India's energy sector, the Panna-Mukta and Tapti (PMT) joint venture partners - Shell (through BGEPIL), Reliance Industries (RIL), and Oil and Natural Gas Corporation (ONGC) have successfully completed the country's first offshore facilities decommissioning project with the safe removal of mid and south Tapti field facilities. The PMT JV, operator of the Tapti fields under a production sharing contract with the Government of India, comprises of ONGC with a 40% participating interest, and RIL and BG Exploration & Production India Ltd (BGEPIL-Shell) with 30% each. The milestone project involved removal of five wellhead platforms, associated infield pipelines, load-in at the onshore dismantling yard and the safe plugging and abandonment of 38 wells'all executed in line with the approved decommissioning plan. Production from the Tapti fields ceased in March 2016, and this project demonstrates a high level of planning, coordination, and compliance with regulatory frameworks while upholding the highest safety and environmental standards. Aligned with the Government of India's 'Make in India' vision, the PMT JV awarded major contracts to Indian companies Larsen and Toubro (L&T) for offshore execution and Chowgule Shipyard (CLSPL) for onshore dismantling. Offshore operations have now been completed safely, and dismantling is underway at CLSPL's facilities in Ratnagiri, further strengthening India's domestic capabilities in offshore and onshore energy infrastructure. The Tapti decommissioning project also played a pioneering role in shaping India's regulatory and operational framework for offshore decommissioning. Developed collaboratively with key stakeholders'including the Union Ministry of Petroleum and Natural Gas (MoPNG), Directorate General of Hydrocarbons (DGH), and Oil Industry Safety Directorate (OISD), the project sets a benchmark for future offshore energy transitions, rooted in global best practices and adapted for Indian conditions.Powered by Capital Market - Live

RIL's consolidated profit after tax and share of profit/(loss) of associates & JVs increased by 6.4% year-on-year to Rs 22,611 crore in Q4 March 2025 over Q4 March 2024. During the quarter, RIL's gross revenue increased by 8.8% Y-o-Y to Rs 288,138 crore, while EBITDA increased by 3.6% Y-o-Y to Rs 48,737 crore. EBITDA margin contracted by 90 basis points Y-o-Y and by 1.1% quarter-on-quarter to 16.9%. RIL is the first Indian company to cross total equity of over Rs 10 lakh crore. Finance costs increased by 6.8% Y-o-Y to Rs 6,155 crore, primarily due to higher average liability balances. Net debt increased to Rs 117,083 crore in Q4FY25 as against Rs 115,465 crore in Q3FY25 and Rs 116,281 crore in Q4FY24. Annually, RIL's profit after tax and share of profit/(loss) of associates & JVs increased by 2.9% Y-o-Y to Rs 81,309 crore while gross revenue increased by 7.1% Y-o-Y to Rs 1,071,174 crore. EBITDA increased by 2.9% Y-o-Y to Rs 183,422 crore. EBITDA margin contracted by 70 basis points Y-o-Y to 17.1% in FY25. Commenting on the results, Mukesh D. Ambani, chairman and managing director, RIL said: FY2025 has been a challenging year for the global business environment, with weak macro-economic conditions and a shifting geo-political landscape. The Oil to Chemicals business posted a resilient performance despite considerable volatility in energy markets. Significant demand-supply imbalances in downstream chemicals markets have led to multi-year low margins. Our business teams ensured optimization of integrated operations and feedstock costs to enhance margin capture across value chains. The Retail segment also delivered consistent growth. In FY25, the business focused on a strategic recalibration of our store network, aimed at improving operational efficiencies and long-term sustainability. Our enhanced product catalogue and user experience across all formats, strengthened customer engagement. The quick hyperlocal deliveries initiative has also gained significant traction in the market, connecting strongly with the users. Our suite of omni-channel offerings and wide-spread presence will enable Reliance Retail to continue delivering superior value to all its customers. Our Digital Services business achieved record revenue and profit numbers. Steady increase in subscriber base, with an improving mix and increasing user engagement metrics boosted earnings. Strong adoption of our 5G services and our home broadband offerings continues with accelerated addition in subscribers and in the number of home-connects. During FY25, we have laid a strong foundation for our projects in renewable energy and battery operations. In the coming quarters, we will see the transition of this business from incubation to operationalization. Jio Platforms (JPL): Quarterly revenue stood at Rs 39,853 crore , up 17.8% y-o-y, while quarterly EBITDA was at Rs 17,016 crore , up 18.5% y-o-y. EBITDA growth was driven by healthy revenue growth and margin improvement. Total subscriber base was over 488 million as of March 2025, including 191 million True 5G subscribers. 5G adoption and home scale up drove data traffic to ~185 exabytes in FY25, up 24% y-o-y. ARPU improved to Rs 206.2 in Q4 FY25 as against Rs 203.3 in Q3 FY25 and Rs 181.7 in Q4 FY24, with continued impact of the tariff hike and better subscriber mix partly impacted by lower number of days in the quarter. Reliance Retail Ventures (RRVL): Quarterly revenue stood at Rs 88,620 crore, up 15.7% Y-o-Y, while quarterly EBITDA was at Rs 6,711 crore, up 14.3% Y-o-Y. EBITDA margin were at 8.5% in Q4 FY25, as against 8.6% in Q3 FY25 and 8.7% in Q4 FY24. Business opened 1,085 new stores during the quarter. Total transactions recorded were at 361 million, up 16.1% Y-o-Y. JioMart continued to scale up as a horizontal platform designed to meet diverse customer needs through quick hyper-local deliveries, scheduled deliveries, and daily subscription services. Average daily orders increased by 62% Y-o-Y. Quick hyper local deliveries continued to accelerate and operations scaled to 4,000+ pin codes across 2,100+ stores. The platform continued to expand its offerings led by product options growing by 10% Y-o-Y and the seller base growing by 20% Y-o-Y. Isha M. Ambani, executive director, Reliance Retail Ventures, said Reliance Retail delivered strong growth in revenue and profits, powered by improved efficiencies, innovative formats, a sharper product mix, and continued investments in technology and customer experience. We remain focused on shaping the future of retail with agility and purpose. Oil to Chemicals (O2C) Segment: Segment revenue for Q4 FY25 increased by 15.4% Y-o-Y to Rs 164, 613 crore due to higher volumes and increased domestic product placement. Segment EBITDA for Q4 FY25 decreased by 10.0% Y-o-Y to Rs 15,080 crore due to sharp fall in transportation fuel cracks and lower polyester chain margins partially offset by higher volume, feedstock cost optimization and higher PP and PVC delta. Total throughput was higher at 20.3 MMT in Q4 FY25 as against 20.2 MMT in Q3 FY25 and 19.8 MMT in Q4 FY24. Oil And Gas (Exploration and Production) Segment: Q4 FY25 revenue fell by 0.4% Y-o-Y to Rs 6,440 crore mainly on account of lower gas production and lower oil offtake from KGD6, partly offset with improved KGD6 gas price realisation and higher CBM production. The average price realized for KGD6 gas was $10.09/MMBTU in 4Q FY25 vis-'-vis $9.53/MMBTU in Q4 FY24. The average price realised for CBM gas was $10.36/MMBTU in 4Q FY25 vis-'-vis $14.34/MMBTU in 4Q FY24. EBITDA declined 8.6% to Rs 5,123 crore on Y-o-Y basis following higher operating cost due to one-time maintenance activity and a natural decline in KGD6 volumes. Jiostar Business: In FY25, JioStar reported revenues of Rs 10,006 crore with EBITDA (including other income) of Rs 774 crore (since merger from 14 November 2024). The launch of JioHotstar on 14th February created the biggest OTT platform in the country. Within five weeks of launch, JioHotstar crossed 100 million paid users. JioStar TV network occupied 34% market share across TV entertainment and reached over 760 million monthly viewers across the country Meanwhile, RIL's board approved raising up to Rs 25,000 crore through issuance of listed, secured/unsecured, redeemable non-convertible debentures, in one or more tranches, on private placement basis. It also recommended a dividend of Rs 5.50 per equity share for the financial year ended 31 March 2025. Further, the board approved acquisition of 100% equity stake of Kandla GHA Transmission Limited (KGTL), from PFC Consulting Limited (PFCCL), for an aggregate consideration not exceeding Rs 20 crore. This is in accordance with the terms of the tender awarded to the company, for establishment of turnkey construction of 765/400kV GIS substation at Kandla including transformers and reactors, 765kV transmission lines between Halvad and Kandla, 765kV Bay extension at Halvad and STATCOM. Post acquisition, KGTL will become a wholly owned subsidiary of the company. KGTL was incorporated in India on 27 November 2024 and is yet to commence commercial operations. The said investment will enable the company to execute the Independent Transmission Project (ITP) Transmission System for Supply of Power to Green Hydrogen / Ammonia manufacturing potential in Kandla area of Gujarat (Phase-I: 3 GW). RIL is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. Powered by Capital Market - Live

During the quarter, RIL's gross revenue increased by 8.8% Y-o-Y to Rs 288,138 crore, while EBITDA increased by 3.6% Y-o-Y to Rs 48,737 crore. EBITDA margin contracted by 90 basis points Y-o-Y and by 1.1% quarter-on-quarter to 16.9%. Finance costs increased by 6.8% Y-o-Y to Rs 6,155 crore, primarily due to higher average liability balances. Net debt increased to Rs 117,083 crore in Q4FY25 as against Rs 115,465 crore in Q3FY25 and Rs 116,281 crore in Q4FY24. Annually, RIL's profit after tax and share of profit/(loss) of associates & JVs increased by 2.9% Y-o-Y to Rs 81,309 crore while gross revenue increased by 7.1% Y-o-Y to Rs 1,071,174 crore. EBITDA increased by 2.9% Y-o-Y to Rs 183,422 crore. EBITDA margin contracted by 70 basis points Y-o-Y to 17.1% in FY25. Commenting on the results, Mukesh D. Ambani, chairman and managing director, RIL said: FY2025 has been a challenging year for the global business environment, with weak macro-economic conditions and a shifting geo-political landscape. The Oil to Chemicals business posted a resilient performance despite considerable volatility in energy markets. Significant demand-supply imbalances in downstream chemicals markets have led to multi-year low margins. Our business teams ensured optimization of integrated operations and feedstock costs to enhance margin capture across value chains. The Retail segment also delivered consistent growth. In FY25, the business focused on a strategic recalibration of our store network, aimed at improving operational efficiencies and long-term sustainability. Our enhanced product catalogue and user experience across all formats, strengthened customer engagement. The quick hyperlocal deliveries initiative has also gained significant traction in the market, connecting strongly with the users. Our suite of omni-channel offerings and wide-spread presence will enable Reliance Retail to continue delivering superior value to all its customers. Our Digital Services business achieved record revenue and profit numbers. Steady increase in subscriber base, with an improving mix and increasing user engagement metrics boosted earnings. Strong adoption of our 5G services and our home broadband offerings continues with accelerated addition in subscribers and in the number of home-connects. During FY25, we have laid a strong foundation for our projects in renewable energy and battery operations. In the coming quarters, we will see the transition of this business from incubation to operationalization. Jio Platforms (JPL): Quarterly revenue stood at Rs 39,853 crore , up 17.8% y-o-y, while quarterly EBITDA was at Rs 17,016 crore , up 18.5% y-o-y. EBITDA growth was driven by healthy revenue growth and margin improvement. Total subscriber base was over 488 million as of March 2025, including 191 million True 5G subscribers. 5G adoption and home scale up drove data traffic to ~185 exabytes in FY25, up 24% y-o-y. ARPU improved to Rs 206.2 in Q4 FY25 as against Rs 203.3 in Q3 FY25 and Rs 181.7 in Q4 FY24, with continued impact of the tariff hike and better subscriber mix partly impacted by lower number of days in the quarter. Reliance Retail Ventures (RRVL): Quarterly revenue stood at Rs 88,620 crore, up 15.7% Y-o-Y, while quarterly EBITDA was at Rs 6,711 crore, up 14.3% Y-o-Y. EBITDA margin were at 8.5% in Q4 FY25, as against 8.6% in Q3 FY25 and 8.7% in Q4 FY24. Business opened 1,085 new stores during the quarter. Total transactions recorded were at 361 million, up 16.1% Y-o-Y. JioMart continued to scale up as a horizontal platform designed to meet diverse customer needs through quick hyper-local deliveries, scheduled deliveries, and daily subscription services. Average daily orders increased by 62% Y-o-Y. Quick hyper local deliveries continued to accelerate and operations scaled to 4,000+ pin codes across 2,100+ stores. The platform continued to expand its offerings led by product options growing by 10% Y-o-Y and the seller base growing by 20% Y-o-Y. Isha M. Ambani, executive director, Reliance Retail Ventures, said Reliance Retail delivered strong growth in revenue and profits, powered by improved efficiencies, innovative formats, a sharper product mix, and continued investments in technology and customer experience. We remain focused on shaping the future of retail with agility and purpose. Oil to Chemicals (O2C) Segment: Segment revenue for Q4 FY25 increased by 15.4% Y-o-Y to Rs 164, 613 crore due to higher volumes and increased domestic product placement. Segment EBITDA for Q4 FY25 decreased by 10.0% Y-o-Y to Rs 15,080 crore due to sharp fall in transportation fuel cracks and lower polyester chain margins partially offset by higher volume, feedstock cost optimization and higher PP and PVC delta. Total throughput was higher at 20.3 MMT in Q4 FY25 as against 20.2 MMT in Q3 FY25 and 19.8 MMT in Q4 FY24. Oil And Gas (Exploration and Production) Segment: Q4 FY25 revenue fell by 0.4% Y-o-Y to Rs 6,440 crore mainly on account of lower gas production and lower oil offtake from KGD6, partly offset with improved KGD6 gas price realisation and higher CBM production. The average price realized for KGD6 gas was $10.09/MMBTU in 4Q FY25 vis-'-vis $9.53/MMBTU in Q4 FY24. The average price realised for CBM gas was $10.36/MMBTU in 4Q FY25 vis-'-vis $14.34/MMBTU in 4Q FY24. EBITDA declined 8.6% to Rs 5,123 crore on Y-o-Y basis following higher operating cost due to one-time maintenance activity and a natural decline in KGD6 volumes. Jiostar Business: In FY25, JioStar reported revenues of Rs 10,006 crore with EBITDA (including other income) of Rs 774 crore (since merger from 14 November 2024). The launch of JioHotstar on 14th February created the biggest OTT platform in the country. Within five weeks of launch, JioHotstar crossed 100 million paid users. JioStar TV network occupied 34% market share across TV entertainment and reached over 760 million monthly viewers across the country Meanwhile, RIL's board approved raising up to Rs 25,000 crore through issuance of listed, secured/unsecured, redeemable non-convertible debentures, in one or more tranches, on private placement basis. It also recommended a dividend of Rs 5.50 per equity share for the financial year ended 31 March 2025. Further, the board approved acquisition of 100% equity stake of Kandla GHA Transmission Limited (KGTL), from PFC Consulting Limited (PFCCL), for an aggregate consideration not exceeding Rs 20 crore. This is in accordance with the terms of the tender awarded to the company, for establishment of turnkey construction of 765/400kV GIS substation at Kandla including transformers and reactors, 765kV transmission lines between Halvad and Kandla, 765kV Bay extension at Halvad and STATCOM. Post acquisition, KGTL will become a wholly owned subsidiary of the company. KGTL was incorporated in India on 27 November 2024 and is yet to commence commercial operations. The said investment will enable the company to execute the Independent Transmission Project (ITP) Transmission System for Supply of Power to Green Hydrogen / Ammonia manufacturing potential in Kandla area of Gujarat (Phase-I: 3 GW). RIL is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. Powered by Capital Market - Live

Reliance Industries announced that the Board of Directors of the Company at its meeting held on 25 April 2025, inter alia, have recommended the final dividend of Rs 5.5 per equity Share (i.e. 55%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Reliance Industries rose 2.41% to Rs 19407.00 crore in the quarter ended March 2025 as against Rs 18951.00 crore during the previous quarter ended March 2024. Sales rose 10.51% to Rs 261388.00 crore in the quarter ended March 2025 as against Rs 236533.00 crore during the previous quarter ended March 2024. For the full year,net profit rose 0.04% to Rs 69648.00 crore in the year ended March 2025 as against Rs 69621.00 crore during the previous year ended March 2024. Sales rose 7.06% to Rs 964693.00 crore in the year ended March 2025 as against Rs 901064.00 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales261388.00236533.00 11 964693.00901064.00 7 OPM %16.7717.97 -17.1518.00 - PBDT42582.0041289.00 3 159153.00155172.00 3 PBT29103.0027720.00 5 106017.00104340.00 2 NP19407.0018951.00 2 69648.0069621.00 0 Powered by Capital Market - Live

The Nifty May 2025 futures closed at 24,375, a premium of 128.3 points compared with the Nifty's closing of 24,246.70 in the cash market. In the cash market, the Nifty 50 declined 82.25 points or 0.34% to 24,246.70. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 1.81% to 16.25. Reliance Industries, HDFC Bank and IndusInd Bank were the top trading individual stock futures contracts in the F&O segment of the NSE. The May 2025 F&O contracts will expire on 29 May 2025.Powered by Capital Market - Live

Reliance Industries will hold a meeting of the Board of Directors of the Company on 25 April 2025.Powered by Capital Market - Live

The Nifty April 2025 futures closed at 23,848.90, a discount of 2.75 points compared with the Nifty's closing of 23,851.65 in the cash market. In the cash market, the Nifty 50 jumped 414.45 points or 1.77% to 23,851.65. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 2.50% to 15.47. Reliance Industries, State Bank of India and ICICI Bank were the top trading individual stock futures contracts in the F&O segment of the NSE. The April 2025 F&O contracts will expire on 24 April 2025.Powered by Capital Market - Live

The Nifty April 2025 futures closed at 22,646.25, a premium of 110.40 points compared with the Nifty's closing 22,535.85 in the cash market. In the cash market, the Nifty 50 climbed 374.25 points or 1.69% to 22,535.85. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, dropped 10.31% to 20.44. Reliance Industries, Tata Motors and HDFC Bank were the top traded individual stock futures contracts in the F&O segment of the NSE. The April 2025 F&O contracts will expire on 24 April 2025. Powered by Capital Market - Live

Reliance Industries Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1199.7, down 3.92% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.27% on the day, quoting at 22954.3. The Sensex is at 75501.08, down 1.04%.Reliance Industries Ltd has added around 2.05% in last one month.Meanwhile, Nifty Energy index of which Reliance Industries Ltd is a constituent, has increased around 4.19% in last one month and is currently quoting at 33559.8, down 3.45% on the day. The volume in the stock stood at 131.9 lakh shares today, compared to the daily average of 139.18 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 1200.15, down 4.17% on the day. Reliance Industries Ltd tumbled 17.83% in last one year as compared to a 1.96% rally in NIFTY and a 17.87% fall in the Nifty Energy index.The PE of the stock is 47.82 based on TTM earnings ending December 24.Powered by Capital Market - Live