Reliance Industries Limited (RIL) has reported robust results for the December quarter of FY25, showcasing strong growth across its energy, retail, and digital services segments. The company posted a 7.3% year-on-year (YoY) increase in net profit, reaching ₹18,540 crore, supported by higher revenues and improved operational performance.
Key Financial Highlights
- Revenue from Operations: ₹2.43 lakh crore, up from ₹2.27 lakh crore in Q3FY24.
- Net Profit: ₹18,540 crore, marking a 7.3% YoY rise and an 11.9% increase quarter-on-quarter (QoQ).
- Consolidated EBITDA: ₹48,003 crore, a notable improvement from ₹44,525 crore in Q3FY24.
Segment Performance: Oil to Chemicals (O2C)
Reliance’s flagship oil-to-chemicals (O2C) business delivered a solid performance:
- Revenue: ₹1,49,595 crore, a 6% YoY increase driven by higher production volumes and robust domestic demand.
- EBITDA: ₹14,402 crore, up 2.4% YoY, with a slight contraction in EBITDA margin to 9.6%.
- Domestic Fuel Retailing: Significant growth with a 43.7% increase in MS (Motor Spirit) volumes and 22.8% growth in HSD (High-Speed Diesel) volumes.
Retail Business: Robust Growth Amid Festive Boost
Reliance’s retail arm posted impressive numbers:
- Net Revenue: ₹79,595 crore, a 7% YoY rise. Sequentially, revenue increased by 19.6%.
- Net Profit: ₹3,458 crore, up 10% YoY and 21% QoQ.
- EBITDA: ₹6,828 crore, an increase of 9.5% YoY.
Key growth drivers included productivity enhancements, new product launches, and strong festive season sales. The total store count increased to 19,102, up 1.7% YoY, with footfall reaching 296 million, a 5% YoY increase.
Jio Platforms: Double-Digit Growth Continues
Reliance Jio, the group’s digital arm, reported stellar performance:
- Revenue: ₹33,074 crore, a 19.4% YoY rise.
- Net Profit: ₹6,861 crore, up 26% YoY.
- EBITDA: ₹16,585 crore, a YoY increase of 18.8%, with an EBITDA margin of 50.1%.
Jio’s user base grew to 482.1 million, up 2.4% YoY, while ARPU (Average Revenue Per User) climbed 11.9% YoY to ₹203.3, driven by tariff hikes and an improved subscriber mix.
Stock Market Performance
Ahead of the results, Reliance shares reflected investor confidence, closing 1.82% higher at ₹1,275 per share on the NSE. The stock has gained over 4.2% in January but remains down 5.96% for 2024, underperforming the NIFTY50, which rose 8.8% in the same period.
Key Trading Stats
- Traded Volume: 120.81 lakh shares.
- Traded Value: ₹1,524.71 crore.
- Market Capitalization: ₹17,12,589.45 crore.
- Free Float Market Cap: ₹8,57,568.35 crore.
Management and Future Outlook
Under the leadership of Chairman and Managing Director Mukesh Ambani, RIL continues to solidify its position across industries. Key board members, including Anant Ambani, Akash Ambani, and Isha Ambani, are expected to play a pivotal role in driving future growth.
Investors will be closely watching how Reliance leverages its diversified portfolio to sustain growth amid global economic uncertainties.
