RIL Q4 profit rises to ₹19,407 cr, becomes first Indian company to surpass ₹10 lakh cr in total equity

Mukesh Ambani-led Reliance Industries Ltd has recorded a consolidated profit of ₹19,407 crore, an increase of 2.4% YoY from ₹18,951 crore during the corresponding quarter last year, driven by strong growth in its digital services and retail businesses, which offset a subdued performance in its energy businesses. In a historic feat, RIL said it became the first Indian company to cross a total equity of over ₹10 lakh crore in the financial year 2024-25.

The oil-to-telecom giant posted 8.8% YoY growth in its consolidated gross revenue at ₹2,61,138 crore for the January-March 2024 quarter compared to ₹2,36,000 crore in the year-ago period. The consolidated EBITDA of India's largest private company increased by 3.6% YoY to a record high of ₹43,832 crore on strong contributions from consumer businesses.

EBITDA margin, however, dipped 90 basis points to 16.9% in Q4 FY25 from 17.8% in the year-ago period. RIL's consolidated net debt as of March 31, 2025, was marginally higher at ₹1,17,083 crore against ₹1,16,281 crore as of December 31, 2024.

RIL's major unit, Reliance Retail, recorded a gross revenue of ₹3,30,870 crore for the year FY25, a growth of 7.9% over the last year. For the March 2025 quarter, Reliance Retail registered a revenue of ₹88,620 crore, up 15.7% YoY.

Its consumer brands became the fastest-growing FMCG company in India, achieving ₹11,450 crore in sales in its 2nd year of operations. "In FY25, the business focused on a strategic recalibration of our store network, aimed at improving operational efficiencies and long-term sustainability. Our enhanced product catalogue and user experience across all formats strengthened customer engagement. The quick hyperlocal deliveries initiative has also gained significant traction in the market, connecting strongly with users. Our suite of omni-channel offerings and widespread presence will enable Reliance Retail to continue delivering superior value to all its customers," says RIL Chairman Mukesh Ambani.

The company posted annual consolidated revenues at ₹1,071,174 crore ($125.3 billion), up 7.1% YoY, supported by revenue growth in consumer businesses and O2C. The annual consolidated EBITDA increased by 2.9% Y-o-Y to ₹1,83,422 crore with positive contributions from consumer businesses. Reliance’s annual consolidated PAT grew to ₹80,787 crore from ₹78,633 crore in the previous year.

Ambani says FY2025 was a "challenging year" for the global business environment, with weak macroeconomic conditions and a shifting geopolitical landscape. "Our focus on operational discipline, customer-centric innovation, and fulfilling India’s growth requirements has helped Reliance deliver a steady financial performance during the year."

The company's oil-to-chemicals business posted a resilient performance despite considerable volatility in energy markets. The segment revenue for FY25 increased 11% Y-o-Y to ₹626,921 crore, primarily on account of higher volumes and increased domestic product placement.

Revenue for Q4 FY25 increased 15.4% Y-o-Y to ₹164,613 crore. "Significant demand-supply imbalances in downstream chemicals markets have led to multi-year low margins," says Ambani, adding that RIL's oil & gas business recorded its highest ever annual EBITDA, led by higher production from our KGD6 and CBM blocks.

The share of Reliance Industries Ltd closed 0.12% down at ₹1,300.05 on the BSE today.