Reliance Industries Q4 Results: Profit Rises On Consumer Strength, Offset By Softer Energy Margins

SOURCE : NEW18 NEWS

Last Updated:April 25, 2025, 20:26 IST

Reliance Industries Ltd Q4 FY25 Results: India’s largest company by market-cap announced its fiscal fourth quarter results today.

Reliance Industries posted resilient performance in the fiscal fourth-quarter, with net profit (pre-minority) rising 6.4 percent from a year earlier, as strong growth in its digital and retail units offset softer earnings from its energy businesses.

The company’s net profit attributable to shareholders grew 2.4 percent to Rs 19,407 for Q4 FY25, beating Street expectations. According to a Moneycontrol poll of brokerage estimates, RIL’s Q4 net profit was pegged at Rs 18,820 crore.

Revenue for the three months ended 31 March climbed 8.8 percent from a year ago to Rs 2.88 lakh crore, driven by company’s digital services, retail and oil-to-chemicals business, RIL said on Friday. Consolidated earnings before interest, taxes, depreciation and amortisation rose 3.6 percent to a record Rs 48,737 crore.

Pre-minority net profit increased to Rs 22,611 crore, while profit before tax rose 5 percent to Rs 29,103 crore. Quarterly capital expenditure rose to Rs 36,041 crore but remained fully covered by cash generation of nearly Rs 40,000 crore, leaving net debt broadly steady at Rs 1.17 lakh crore.

Consumer engines firing

EBITDA from digital services surged 18.5 percent as the company’s 5G subscriber base swelled to roughly 191 million and average revenue per user rose to Rs 206.2 after tariff revisions. Retail EBITDA grew 14.3 percent on stronger store operating metrics and a 2.4-fold sequential jump in its hyper-local delivery business.

Those gains were partly offset by softer commodity cycles. O2C EBITDA fell 10 percent from a year earlier to Rs 15,080 crore on weaker transportation-fuel cracks narrowed and polyester margins slipped, though higher refinery utilisation and feedstock flexibility offset the decline. Oil-and-gas EBITDA dropped 8.6 percent to Rs 5,123 crore on lower KG-D6 output, a weaker coal-bed-methane price and one-time maintenance costs; segment margins slid 720 basis points to 79.5 percent.

Full year earnings

For FY25, consolidated revenue rose 7.1 percent to Rs 10.71 lakh crore and EBITDA rose 2.9 percent to Rs 1.83 lakh crore. Net profit grew 2.9 percent to Rs 81,309 crore. Oil-and-gas EBITDA reached an all-time high Rs 21,188 crore, while the retail arm’s EBITDA crossed Rs 25,000 crore for the first time. Jio Platforms’ profit topped Rs 25,000 crore, up 22 percent.