O2C segment delivered 'resilient' performance amid volatility in global energy market: Ambani

Revenue on a standalone basis slipped 9.4 percent to ₹1,32,962 crore in the period under review.

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"The financial year 2024-25 had been a challenging year for the global business environment with weak macroeconomic conditions and a shifting geopolitical landscape. Our focus on operational discipline, customer-centric innovation, and fulfilling India's growth requirements helped Reliance deliver a steady financial performance during the year," said Mukesh Ambani, chairman and managing director of RIL, in a statement.

For the full financial year 2024-25, RIL reported record consolidated revenue of ₹9,64,693 crore, up 7.1 percent Y-o-Y, aided by strong contributions from its consumer businesses and O2C. Consolidated net profit attributable to owners was largely flat at ₹69,648 crore, compared to ₹69,621 crore in FY24.

Ambani said the O2C segment delivered a "resilient" performance amid significant volatility in global energy markets. "Significant demand-supply imbalances in downstream chemicals markets have led to multi-year low margins," he said. "Our business teams ensured optimization of integrated operations and feedstock costs to enhance margin capture across value chains. The oil & gas business recorded its highest ever annual EBITDA (earnings before interest, taxes, depreciation, and amortization) led by higher production from our KGD6 and CBM blocks."