Reliance Industries Q2 Result Live:- Q2 net profit climbs to ₹16,563 cr, powered by Jio's strong growth

Reliance Share Price :- Q2 net profit climbs to ₹16,563 cr, powered by Jio's strong growth

Reliance Q2 Result Live:- Reliance Industries Ltd. (RIL) has reported a robust net profit of ₹16,563 crore for Q2 FY25, demonstrating the strength of its diversified business portfolio. Gross revenue stood at ₹2,58,027 crore, reflecting a marginal year-on-year growth. The company’s performance was significantly boosted by its Digital Services and Retail segments.

Chairman Mukesh Ambani highlighted the resilience of the company's upstream business, alongside its continued focus on technological innovation. He also reaffirmed the company’s commitment to clean energy, with the first of its New Energy Giga-factories set to commence production of solar PV modules by year-end.

Reliance Jio net profit surges 23.2% , revenue up 14.5%

Reliance Jio reported a robust 23.2% year-on-year increase in net profit for Q2 FY25, reaching ₹6,231 crore, up from ₹5,058 crore in the same quarter last year. The company’s revenue saw a significant 14.5% rise, growing to ₹28,338 crore from ₹24,750 crore in the previous year.

EBITDA also experienced a healthy 16.1% growth, climbing to ₹15,036 crore compared to ₹12,953 crore last year. Additionally, EBITDA margins improved slightly, increasing to 53.1% from 52.3% year-on-year, reflecting strong operational performance.

Reliance Jio reported a 7.4% year-on-year increase in its average revenue per user (ARPU) for Q2 FY25, reaching ₹195.10, compared to ₹181.70 in the same period last year.

Reliance Retail net profit rises 1.3%

Reliance Retail Ventures Ltd (RRVL) posted a 1.3% rise in consolidated net profit for Q2 FY25, reaching ₹2,836 crore compared to ₹2,800 crore in the same quarter last year. However, revenue from operations dropped by 3.5% on-year to ₹66,502 crore, down from ₹68,937 crore, as weak demand in the fashion and lifestyle segment impacted overall growth.

Gross revenue stood at ₹76,302 crore, marking a 1.1% decline from the previous year. This was attributed to the company’s continued focus on streamlining operations and a calibrated approach to its B2B business aimed at improving margins.

Despite these challenges, earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose slightly by 0.3% year-on-year to ₹5,850 crore. EBITDA from operations grew by 1%, reaching ₹5,675 crore, with margins improving to 8.5%, up 40 basis points year-on-year.

Also Read:- Reliance Q2 Results Live: सितंबर तिमाही कंपनी का शानदार प्रदर्शन

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