Reliance Industries Limited (RIL) has reported strong Q4 FY25 results, beating market expectations with a 6% year-on-year (YoY) rise in consolidated profit, reaching ₹22,434 crore. The company’s revenue from operations surged 17.7% YoY to ₹33,986 crore, driven by robust performances in its Jio and Retail segments.
Key Financial Highlights
- Reliance Jio: Profit after tax (PAT) jumped 25.7% YoY to ₹7,022 crore, with an EBITDA margin of 50.1%.
- Reliance Retail: Revenue grew 16.3% YoY to ₹78,622 crore, while PAT increased 29.1% YoY to ₹3,545 crore.
- Oil-to-Chemicals (O2C) Business: Revenue rose 15.4% YoY to ₹1.64 lakh crore, but EBITDA declined 10% YoY due to weaker margins.
Market Reaction and Expert Opinions
Analysts have maintained a bullish stance on RIL shares, with price targets ranging from ₹1,650 to ₹1,710, reflecting a potential upside of over 30%. Jefferies, CLSA, and Nomura have all issued buy recommendations, citing Jio’s Free Cash Flow growth, retail expansion, and upcoming IPOs as key drivers.
Technical analysts suggest that RIL shares could see bullish momentum if they close above ₹1,330, potentially pushing towards ₹1,425. However, failure to sustain above this level may lead to a decline towards ₹1,260.
Dividend and Fundraising Plans
RIL’s board is set to recommend a dividend for FY25, following last year’s ₹10 per share payout. Additionally, the company plans to raise funds via non-convertible debentures (NCDs) to support expansion.
Investment Outlook
With strong earnings growth, expanding digital and retail businesses, and potential IPO listings, RIL remains a solid investment choice. Investors looking for long-term gains may find Reliance shares attractive, while short-term traders should monitor technical resistance levels before making a decision.
