Reliance Q4 profit rides on retail, telecom growth

The oil-to-chemical biz saw revenues rise 15% in Q4, but Ebitda fell by a tenth

- Nehal Chaliawala

MUMBAI: Reliance Industries Ltd (RIL), India's most valuable company, beat Street estimates while reporting a 6% growth in its consolidated profit for the January-March quarter on Friday. This came on the back of a resurgence in its retail business and better realizations in telecom even as pain persisted in the oil-to-chemicals business.

The company reported consolidated profit of ₹22,434 crore, higher than the ₹18,471.4 crore consensus estimate of analysts polled by Bloomberg, in the fourth quarter of FY25. The profit in the corresponding quarter in the previous fiscal year was ₹21,143 crore.

Meanwhile, consolidated revenue grew by a tenth to ₹2.65 trillion. The Street had pencilled in a consensus estimate of ₹2.4 trillion. Earnings before interest, tax, depreciation and amortization (Ebitda) grew almost 4% to ₹48,737 crore. Ebitda margin fell 90 basis points to 16.9%. One basis point is 0.01%.

The company also became the first in the country to have a net worth of over ₹10 trillion, it said in a press statement.