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Reliance Industries Hits ₹10 Lakh Crore Net Worth as Q4 Results Drive Stock Surge

India's largest company posts 2.4% profit growth and record EBITDA, fueling a 5% stock rally and bullish brokerage outlooks.

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Jio Financial shares jumped 31% from all-time lows; is more steam left?
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Overview

  • Reliance Industries became the first Indian company to achieve a net worth of over ₹10 lakh crore in FY25.
  • Q4 FY25 consolidated net profit rose 2.4% year-on-year to ₹19,407 crore, surpassing analyst expectations.
  • Record quarterly EBITDA of ₹48,737 crore was driven by strong performances in Jio Platforms and Reliance Retail, despite challenges in the oil-to-chemicals segment.
  • Reliance shares surged over 5%, adding ₹92,629 crore to its market capitalization and lifting key stock indices to new milestones.
  • Brokerages issued bullish ratings, citing growth prospects in Jio, retail, and new energy initiatives, with target prices ranging from ₹1,500 to ₹1,708.