Reliance Q1 Results Highlights: Revenue jumps 12% YoY, net profit falls 4% YoY at ₹17,448 crore

• Segment revenue for oil-to-chemical (O2C)increased by 18.1% YoY to ₹157,133 crore, mainly due to higher product price tracking ~9% increase in Brent crude oil prices and higher volumes supported by strong domestic demand.

• However, EBITDA for the O2C segment declined by 14.3% YoY at ₹13,093 crore.

• In 1Q FY25, global oil demand increased by 0.7 mb/d Y-o-Y to 102.9 mb/d, with major contribution from Asia.

• Revenue from operations rose 12.8% YoY to ₹29,449 crore, while net profit increased 11.7% YoY to ₹5,698 crore.

• Revenue growth was primarily driven by robust subscriber growth across mobility and homes.

• The Jio Platform's customer base increased by 9.2% YoY to 489.7 million. Meanwhile, the average revenue per user (ARPU) rose marginally to ₹181.7 per subscriber per month.

• Reliance Industries Retail posted ₹75,166 crore in quarterly revenue, up 8.1% YoY.
• On the operational fron the retail segment clocked ₹5,664 crore of EBITDA for Q1FY25 with margin of 8.5%. The operational profit for the quarter grew by 11.5% YoY.
• Finance cost declined on account of repayment of borrowings.
• Profit from the segment grew by 4.6% YoY ₹2,549 crore.

Reliance’s resilient operating and financial performance in this quarter underscores the strength of its diverse portfolio of businesses. Importantly, these businesses are contributing significantly to India’s growth, providing vital energy and vibrant channels for digital and physical distribution of goods and services.

The digital services business registered an impressive financial performance year-on-year, continuing its positive growth momentum. Jio’s True 5G network, covering ~85% of India’s 5G capacity, continues to attract users, while the fixed broadband offerings are witnessing increasing consumer traction both in homes and enterprises. The attractive value proposition offered by Jio is enabling more Indians to transition to next-gen data networks".

• Reliance Industries reports 4% YoY drop in net profit for Q1FY25 at ₹17,448 crore.
• The total consolidated revenue from operations grew 12% YoY to ₹2,36,217 crore as against ₹2,10,831 crore.
• EBITDA for the quarter marginally by 2% YoY to ₹42,748 crore with a EBITDA margin of 16.6% a contraction of 150 bps.

• Reliance Jio reported 2% QoQ jump in revenue at ₹26,478 crore as against ₹25,959 crore in Q4FY25.
• The EBITDA for the quarter rose by 2.5% QoQ to ₹13,920 crore in Q1FY25 with a margin of 52.6% which expanded by 20 bps in Q1FY25.
• The net profit for the quarter rose marginally by 2% QoQ to ₹5,445 crore for Q1FY25.

RIL had reported nearly 11% year-on-year (YoY) growth in consolidated gross revenue in Q4 FY24 to ₹2,64,834 crore, while the net profit remained flat at ₹21,243 crore, up 0.01% YoY.

• Current price: ₹3,119.7 (-1.6%)
• Open: ₹3,172
• High: ₹3,179.9
• Low: ₹3,112.1
• Previous close: ₹3,173.3

• Mukesh Ambani, Chairman & Managing Director
• Isha Ambani, Non-Executive Director
• Akash Ambani, Non-Executive Director
• Anant Ambani, Non-Executive Director
• Hital Meswani, Executive Director
• Nikhil Meswani, Executive Director
• PM Prasad, Executive Director
• Raminder Gujral, Independent Director
• Shumeet Banerji, Independent Director
• Arundhati Bhattacharya, Independent Director
• KV Chowdary, Independent Director
• HE Yasir Othman Al Rumayyan, Independent Director
• KV Kamath, Independent Director
• Haigreve Khaitan, Independent Director

• Energy
• Oil and gas exploration & production
• Refining & marketing
• Petrochemicals
• Textiles
• Polymers
• Polyesters
• Fibre intermediates
• Aromatics
• Elastomers
• Reliance Composites Solutions
• Retail
• Digital Services- Jio
• New envery and new materials
• Media and entertainment

• Current price: ₹3,139 (-1%)
• Open: ₹3,172
• High: ₹3,179.9
• Low: ₹3,132.5
• Previous close: ₹3,173.3