Despite a challenging global business environment, Reliance Industries Ltd (RIL) on Friday reported a 6.4 per cent rise in consolidated net profit at Rs 22,611 crore for the quarter ended March 2025 as against Rs 21,243 crore in the same period of last year. The net profit attributable to the owners of the company was at Rs 19,407 crore for the March quarter as against Rs 18,951 crore a year ago, showing a rise of 2.40 per cent.
RIL’s board of directors also declared a dividend of Rs 5.5 per share for the year. The FY25 revenue of the company was Rs 10.71 lakh crore and profit rose 2.9 per cent at Rs 81,309 crore. RIL has also become the first company to have a net worth of over Rs 10 lakh crore.
Jio Platform Ltd, the digital arm of RIL, posted a 25.7 per cent rise in net profit at Rs 7,022 crore for the March quarter. Revenue increased by 17.8 per cent to Rs 39,853 crore for the fourth quarter.
Reliance Retail Ventures Ltd (RRVL) reported a 29.1 per cent rise in net profit at Rs 3,545 crore for the March quarter and posted a 15.7 per cent increase in revenue at Rs 88,620 crore.
RIL Chairman and MD, Mukesh D. Ambani, said FY25 has been a challenging year for the global business environment, with weak macro-economic conditions and a shifting geo-political landscape. “Our focus on operational discipline, customer-centric innovation and fulfilling India’s growth requirements has a steady financial performance during the year,” he said.
“The oil to chemicals business posted a resilient performance despite considerable volatility in energy markets. Significant demand-supply imbalances in downstream chemicals markets have led to multi-year low margins. Our business teams ensured optimisation of integrated operations and feedstock costs to enhance margin capture across value chains,” Ambani said.
RIL’s oil & gas business recorded its highest ever annual EBITDA led by higher production from our KGD6 and CBM blocks. The retail segment also delivered consistent growth. “In FY25, the business focused on a strategic recalibration of our store network, aimed at improving operational efficiencies and long-term sustainability. The enhanced product catalogue and user experience across all formats, strengthened customer engagement,” Ambani said.
Ambani said Jio continues to invest in innovation, focusing on AI capabilities and next generation technologies, which will shape India’s digital future. “During FY25, we have laid a strong foundation for our projects in renewable energy and battery operations. In the coming quarters, we will see the transition of this business from incubation to operationalisation. I firmly believe that the new energy growth engine will create significant value for Reliance, for India and for the world,” he said.
