Reliance Industries Q1 Results LIVE: Net Profit Surges 78% YoY to ₹26,994 Crore; Retail and Digital Services Drive Growth
Reliance Industries Ltd (RIL), led by billionaire Mukesh Ambani, reported a strong financial performance for the first quarter of FY25, announcing its Q1 results post-market hours on Friday. The conglomerate posted a 78% year-on-year (YoY) jump in consolidated net profit to ₹26,994 crore, primarily driven by exceptional gains from the sale of listed investments. Excluding this one-time gain, the company’s net profit still registered a solid 25% YoY increase, highlighting strong core business momentum.
Gross revenue for the quarter rose 6% YoY to ₹2,73,252 crore, while EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) witnessed an impressive 35.7% YoY rise to ₹58,024 crore. These numbers underscore the company’s resilience and its ability to navigate evolving market dynamics across its diversified portfolio — spanning energy, telecom, retail, and digital services.
On the retail front, Reliance Retail delivered another robust quarter. The business added 388 new stores, expanding its total footprint to 19,592 stores with an operational area of 77.6 million square feet. The registered customer base rose to 358 million, cementing its status as India’s leading retailer. All segments performed well, especially grocery and fashion, which recorded market-leading growth. Consumer electronics and devices were temporarily impacted by the early onset of monsoons, though recovery is already underway, the company stated.
JioMart, the group’s e-commerce platform, reported rapid traction in its hyperlocal quick commerce business. The platform saw a 68% quarter-on-quarter (QoQ) and a 175% YoY increase in daily order volumes, reflecting increasing customer adoption and strengthening logistics capabilities.
Reliance’s Q1 performance highlights the strategic strength of its diversified business model, with continued investment in high-growth areas like retail and digital. As it pushes forward with expansion and innovation, RIL appears well-positioned for sustained value creation across verticals.
Stay tuned to our LIVE coverage for real-time updates and expert insights into Reliance Industries’ Q1 performance.
