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Reliance Industries Posts Q4 Profit Growth, Crosses ₹10 Lakh Crore Net Worth Milestone

Telecom and retail gains offset oil-to-chemicals weakness as Jio Platforms drives growth with higher ARPU, 5G adoption, and broadband expansion.

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(Photo: IANS)

Overview

  • Reliance Industries reported a 2.4% rise in Q4 FY25 net profit to ₹19,407 crore, driven by strong telecom and retail performance.
  • The company became the first Indian firm to surpass ₹10 lakh crore in net worth during FY25, marking a significant milestone.
  • Jio Platforms' Q4 profit surged 25.7% to ₹7,022 crore, supported by a July 2024 tariff hike, higher ARPU, and subscriber growth.
  • Reliance Retail Ventures achieved a 29% year-on-year profit increase to ₹3,545 crore, aided by store rationalization and quick commerce growth.
  • Oil-to-chemicals EBITDA fell 10% in Q4 due to weaker fuel cracks and polyester margins, while finance costs rose 7% due to higher debt levels.