- India,
- 26-Apr-2025 06:00 AM IST
Reliance Group: India's largest private company, Reliance Industries Limited (RIL), has once again surpassed all stock market estimates with its stellar performance. In the results of the fourth quarter (January-March) of FY 2025, the company has reported a net profit of Rs 19,407 crore, which is 2% higher than the same period last year. This performance surpassed analysts' expectations of an estimated profit of Rs 18,471 crore.Strong revenue growth and operational performanceReliance's operational revenue has reached Rs 2.64 lakh crore with a year-on-year growth of 10%. According to the company, strong improvement in its oil and retail business has been a major reason behind this growth. While analysts had anticipated a slowdown in the oil business due to global pressure, the company surprised the market by performing contrary to this.5% more profit than the previous quarterReliance's net profit was Rs 18,540 crore in the October-December 2024 quarter, while in this quarter it has increased to Rs 19,407 crore, showing a quarter-on-quarter growth of 5%. The company's revenue growth was also 8% during the same period.The board of directors of the company has recommended a dividend of Rs 5.50 per share. Along with this, the board has also approved raising capital by issuing bonds up to Rs 25,000 crore.Jio Platforms recorded 26% profitReliance's telecom and digital arm Jio Platforms has also performed tremendously. Jio's net profit in the fourth quarter was Rs 7,022 crore, which is 26% more than the same quarter last year. This increase in profit has been possible due to increase in mobile tariffs and rapid growth in home and digital services. Jio's profit in the last quarter was Rs 6,861 crore.Great growth in retail businessReliance's retail unit, Reliance Retail Ventures Limited (RRVL) has also shown strong growth. It earned a net profit of Rs 3,545 crore in the fourth quarter, which is 29% more than the same quarter last year. At the same time, revenue grew by 16.3% to Rs 78,622 crore, which was Rs 67,610 crore a year ago.