Reliance Industries Q1 Results : Reliance Industries reported a 78% year-on-year surge in profit after tax for Q1, driven by strong operations and investment gains. Revenue for the quarter increased by 5%, reflecting steady performance across its key business segments, including energy, telecom, and retail.
Reliance Industries Ltd (RIL), led by billionaire Mukesh Ambani, reported a stellar set of Q1 results for FY2025, with a record consolidated net profit of ₹26,994 crore, marking a sharp 78% year-on-year (YoY) growth. The exceptional jump in profit was primarily driven by robust operational performance across its businesses and a one-time gain of ₹8,924 crore from the sale of its stake in Asian Paints. Even excluding this gain, the company reported a healthy 25% YoY increase in net profit.
The company’s gross revenue rose by 6% YoY to ₹273,252 crore, underpinned by steady performance across its key verticals including energy, retail, and digital services. Meanwhile, earnings before interest, tax, depreciation, and amortisation (EBITDA) climbed 35.7% YoY to ₹58,024 crore, reflecting improved margins and operational efficiencies.
These numbers reflect Reliance’s strong momentum and diversified business model. Commenting on the results, Mukesh Ambani reaffirmed the group’s long-term growth vision, stating that Reliance aims to double in size every 4-5 years. The Q1 results highlight the group’s resilience and strategic focus on unlocking value from both core operations and non-core investments.
Reliance Q1 Update: Jio and Retail Drive Growth; Ambani Reaffirms Goal to Double Every 4–5 Years
Reliance Industries Ltd (RIL) delivered a strong Q1 performance, supported by robust results from its telecom and retail arms. Mukesh Ambani, Chairman and Managing Director of RIL, emphasized the company’s long-term vision, stating that Reliance remains on track to double in size every 4–5 years.
Jio Platforms Ltd, the digital services arm of RIL, posted a 25% year-on-year (YoY) growth in net profit, reaching ₹7,110 crore for the quarter ended June. The company’s gross revenue rose 19% YoY to ₹41,054 crore. The steady growth was attributed to increased subscriber base, higher data consumption, and continued focus on technology-driven offerings. Jio continues to maintain its position as India’s leading telecom operator, with a strong push towards 5G rollout and digital ecosystem expansion.
Reliance Retail Ventures Ltd also delivered impressive results. The retail giant reported a 28.3% increase in profit after tax, which stood at ₹3,271 crore in Q1. Gross revenue rose 11.3% to ₹84,171 crore, compared to ₹75,615 crore in the same quarter last year. Growth was broad-based across all segments, including fashion, grocery, and consumer electronics. With a rapidly expanding store network and focus on omni-channel strategy, Reliance Retail continues to strengthen its dominance in India’s retail space.
Ambani’s Vision
Highlighting the company’s strategic focus, Mukesh Ambani said, “Reliance is committed to contributing to India’s growth journey through inclusive development, technological innovation, and leading the energy transformation.” He added that the performance across its business verticals reinforces confidence in the company’s ability to double in scale every 4–5 years.
The Q1 results underline Reliance’s diversified and resilient business model. With strong contributions from Jio and Retail, alongside gains from strategic investments, the conglomerate continues to power forward, maintaining its momentum as one of India’s most valuable and transformative enterprises.
