Reliance Industries Q1: Oil and gas business revenue fell 1.2 percent to Rs 6,103 crore and EBITDA fell 4.1 percent to Rs 4,996 crore. Oil-to-chemical business revenue fell 1.5 percent to Rs 1.55 lakh crore compared to a year ago
Reliance Industries Q1: Reliance Industries has released the results for the first quarter of FY 2025-26. The company’s profit for the first quarter of FY 2025-26 has increased by 76.5 per cent year-on-year to Rs 30,783 crore. The main reason for this has been the sale of stake in Asian Paints and strength in consumer business. If we exclude this one-time profit of Rs 8,924 crore, then the company’s profit has increased by a strong 25 per cent year-on-year. In the same period of the previous financial year, the company had a profit of Rs 15138 crore.
The company’s consolidated income grew 6 percent to Rs 2.73 lakh crore on the back of strong growth in retail and digital services . During this period, the company’s operating profit ( EBITDA) grew 36 percent to Rs 58,024 crore, with consumer business contributing significantly.
Jio Platforms’ profit increased by 25%
During this period, Jio Platforms’ profit grew by 25 percent to Rs 7,110 crore. While its EBITDA grew by about 24 percent to Rs 18,135 crore. During the first quarter, the company’s net subscriber growth remained at a strong level of 99 lakhs. This has increased the total number of subscribers of the company to 49.81 crores. The number of JioTrue5G users crossed 20 crores, while JioAirFiber has now become the largest FWA ( Fixed Wireless Access) service worldwide with a subscriber base of 74 lakhs .
Jio Platforms’ average revenue per user ( ARPU) increased to Rs 208.8 due to recent tariff hikes and seasonal factors. During the June quarter, Jio added the highest number of subscribers in the industry with data consumption per capita at 37 GB per month and total data traffic growth of 24% compared to a year ago . Total data traffic during the quarter grew 24% to 54.7 billion GB .
Reliance Retail ‘s income increased by 11.3 percent
Reliance Retail ‘s revenue grew 11.3 per cent to Rs 84,171 crore as compared to the same period last year, while EBITDA grew 12.7 per cent to Rs 6,381 crore. Under the FMCG business, consumer brands have recorded sales of Rs 11,450 crore in just its second year. With the opening of 388 new stores , the number of stores has grown rapidly and their total number has reached 19,592 with an area of 7.76 crore square feet. The number of registered customers of the retail business has increased to 35.8 crore, making Reliance Retail one of the most preferred retail stores in the country. Total transactions of the retail business stood at 38.9 crore, which is 16.5 per cent higher than a year ago. JioMart continued to expand quick hyper local delivery and recorded a growth of 68 per cent in daily orders compared to the last three months and 175 per cent compared to a year ago .
Jiostar reports EBITDA of Rs 1,017 crore
JioStar, the media and entertainment unit, reported gross revenue of Rs 11,222 crore and EBITDA of Rs 1,017 crore. The explosive IPL season drove JioHotstar app downloads on Android to cross 1 billion mark and viewership on TV and JioHotstar reached a record high of 1.19 billion. The average monthly active user count has crossed 460 million.
Oil- to -Chemical ( O2C) business income declined
Oil- to -chemical ( O2C) business revenue declined 1.5 per cent to Rs 1.55 lakh crore from a year ago due to softening crude oil prices and maintenance shutdowns. However, EBITDA grew 11 per cent to Rs 14,511 crore due to better margins on fuel sales in the domestic market and improvement in transportation fuel cracks . Reliance BP Mobility ‘s retail fuel network grew to 1,991 outlets , faster than the industry growth rate .
Oil and gas business’s income declined by 1.2 percent
Oil and gas business’s income also fell by 1.2 percent to Rs 6,103 crore and EBITDA fell by 4.1 percent to Rs 4,996 crore. This sector has been affected by low production of KG-D6, low prices of CBM ( coal bed methane ) and one-time maintenance expenses.
Capital expenditure stood at Rs 29,887 crore
The company’s capital expenditure stood at Rs 29,887 crore in the quarter , while net debt rose marginally to Rs 117,580 crore as of June 30. It was Rs 117,083 crore at the end of March.
