
Reliance Industries Q3 result highlights: From Jio, O2C, Retail to Oil & Gas, here’s how RIL performed
Reliance Industries Q3 Results: Reliance Industries Ltd (RIL), the billionaire Mukesh Ambani-led oil-to-telecom-to-retail conglomerate, announced its earnings for the third quarter of FY25 today, January 16.
The consolidated Reliance Q3 results include the earnings for the conglomerate’s oil-to-chemical (O2C) business, Reliance Oil & Gas business, Reliance Jio as well as Reliance Retail business.
“Robust growth in the digital services business was led by sustained subscriber addition and consistent improvement in customer engagement metrics. This was well supported by a favorable subscriber mix, with an increasing number of users upgrading to 5G networks. Retail business ably capitalized on the pick-up in consumption amid festive demand during the quarter,” said Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries.
Reliance Industries reported a consolidated net profit of ₹18,540 crore for the third quarter of FY25, registering a growth of 7.4% from ₹17,265 crore in the same period last year.
The company’s consolidated revenue in Q3FY25 increased 6.7% YoY to ₹2.40 lakh crore from ₹2. 25 lakh crore, year-on-year (YoY). At the operational level, Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) during the the quarter ended December 2024 grew 8% to ₹43,789 crore from ₹40,656 crore, YoY.
The company’s EBITDA margin improved by 20 basis points (bps) to 18.3% from 18.1% in the year-ago quarter led by higher refining margins and growth in digital services.