RIL shares zoom 5.5% after Q4 results; stock biggest contributor to SENSEX's 1K-point surge; check details

The stock was trading 5.51% higher at ₹1371.70 apiece on the BSE. It was a top contributor to the benchmark indices' sharp rally.

At 01:26 PM, shares of the company were trading 5.42% higher at ₹1370.55 apiece on the BSE. The market capitalisation of the company stood at ₹18,55,288.32 crore at the time of writing this report.

At the time of writing this article, the S&P BSE SENSEX was trading at 80,238.98 levels, up 1,026.45 points, or 1.30%.

In this over 1,000-point rally, Reliance alone contributed around 421 points to the index's surge.

The business giant posted steady numbers for the March quarter of the fiscal year 2024-25 (Q4 FY25) as well as the full fiscal year 2025.

• RIL reported a 2.4% rise in its Q4 FY25 net profit as store rationalisation in retail business and improved margins in telecom helped offset weakness in mainstay oil and petrochemicals business and higher finance cost.

Consolidated net profit of ₹19,407 crore, or ₹14.34 per share, in January-March – the fourth quarter of the April 2024 to March 2025 fiscal year (FY25) – was higher than ₹18,951 crore, or ₹14 a share, in the same period a year back.

Profit was also up sequentially from the ₹18,540 crore logged in the October-December quarter. The company's board also recommended a dividend of ₹5.5 per share for the financial year 2024-25.

• Annual profits were almost unchanged at ₹69,648 crore but the oil-to-telecom-and-retail conglomerate became the first company to hit a networth of over ₹10 lakh crore in 2024-25. Last year, it became the first company to hit a market cap of Rs 20 lakh crore.

• Mukesh Ambani's youngest son, Anant Ambani has been appointed as Executive Director of Reliance Industries Ltd for a five- year term effective May 1, the company said.

Ambani had, in August 2023, inducted his three children – twins Isha and Akash and Anant – onto the board of the oil-to-telecom conglomerate as non-executive directors, in preparation for an eventual succession plan.

• Reliance Group telecom arm Jio Platforms Ltd reported double-digit growth in Q4 revenue and net profit. Reliance Jio’s revenue rose 17.7% YoY to ₹33,986 crore in the March quarter compared to ₹28,871 crore in the year-ago quarter. Revenue improved on back of tariff increase for mobility services and better subscriber mix.

• Reliance Retail Venture Ltd (RRVL) reported a 29.1% increase in its net profit to ₹3,545 crore in the March quarter of FY25, while its gross revenue went up 15.65% to ₹88,620 crore.

Its gross revenue for the financial year ended March 2025 was up 7.85% to ₹3,30,870 crore, and profit after tax was up 11.33% to ₹12,388 crore.

The pre-tax profit (EBITDA) of the country's leading retailer was also up 14.3% in the March quarter of FY25 to ₹6,711 crore.

Reliance Retail continued to grow its store footprint and opened 2,659 new stores in FY25.

RIL Chairman and Managing Director Mukesh Ambani said, "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 company's Oil to Chemicals ('O2C') numbers were muted. The O2C segment reported a revenue of ₹164,613 crore for the quarter under review, up 15.4 YoY. Its exports for the quarter rose 2.2% to ₹73,749 crore against ₹72,172 crore logged in the year-ago period.

However, EBITDA, or earnings before interest, taxes, depreciation, and amortisation, dropped 10% YoY to ₹15,080 crore against ₹16,762 crore logged in the March 2024 quarter. The company said that the decline was due to a sharp fall in transportation fuel cracks and lower polyester chain margins, partially offset by higher volume, feedstock cost optimisation, and higher PP and PVC delta.

EBITDA margin or operating margin of the segment declined 260 bps YoY to ₹9.2%. The figure was 11.8% in the corresponding quarter of the previous fiscal year.

• Its Oil and Gas segment, too, reported subdued numbers. Its revenue slipped 0.4% YoY to ₹6,440 crore, while EBITDA declined 8.6% YoY to ₹5,123 crore. EBITDA margin saw a huge drop of 720 bps at 79.5% on a YoY basis.

The company said that its segment revenue decline was mainly on account of lower gas production and lower oil offtake from KGD6, partly offset by improved KGD6 gas price realisation and higher CBM production.

EBITDA declined following higher operating costs due to one-time maintenance activity and a natural decline in KGD6 volumes.

• Reliance Industries Ltd has commissioned its first line for manufacturing of solar panels and is on track to build battery storage production facilities, the firm said in an investor presentation.

Reliance – India's largest conglomerate, whose interests span from oil and petrochemicals to telecom and retail – had in 2021 unveiled a USD 10 billion plan spanning renewables, storage and hydrogen as it chased net zero emissions status by 2035.

"The first line of solar PV modules (has been) commissioned," Reliance said in an investor presentation post announcing FY25 earnings on Friday.

• JioStar, the joint venture created after the merger of the media business of Reliance and the India business of global media giant Walt Disney, on Friday reported revenues of ₹10,006 crore with pre-tax earnings of ₹774 crore.

JioHotstar, which was launched after the merger of two leading OTT platforms, JioCinema and Disney+ Hotstar, on February 14, 2025, crossed the 100 million paid user milestone within five weeks, according to an earnings statement from Reliance Industries.

• Reliance Retail, which saw 2.4x growth in the number of orders from its quick commerce/hyper local delivery in the March quarter, is significantly scaling it with plans to open dark stores to expand the coverage area.

In the March quarter, Reliance Retail saw over 2.4 times growth in terms of the number of orders, which is a significant scale-up, said its CFO Dinesh Taluja during the earnings call earlier this week.

As regards its 30-minute quick service, RIL said, "There are some dark pockets where we will set up dark stores also, wherever there is a genuine requirement, there is enough volume and we cannot service it within 30 minutes, we may set up some dark stores as well. So that is on the quick commerce side of it."