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.