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Reliance Industries Limited (RIL)

RELIANCE

BSE
NSE

Diversified Conglomerate (Oil to Chemicals, Retail, Digital Services, New Energy)

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NSE / BSE

About

Reliance Industries Limited (RIL)

Company Overview

Reliance Industries Limited (RIL) is a Fortune Global 500 company and the largest private sector company in India. Reliance was founded by Dhirubhai Ambani and is now promoted and managed by his elder son, Mukesh Dhirubhai Ambani. The growth of Reliance mirrors the relentless spirit of dynamism and hope that defines India. It is this spirit that Reliance is committed to foster, and it is articulated in our timeless expression of intent, 'Growth is Life'.

RIL is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail, and digital services. Ambani's family has about 50% shareholding in the conglomerate.

Financial Performance

Reliance Industries has a market capitalization of ₹20,66,814 Crore as of July 2025. Reliance Industries Limited (RIL) reported a healthy financial result for Q4 FY25. The company made close to 10% growth in revenue during the quarter. On similar lines, its profit after tax also went up 6% during the same period.

Key Financial Metrics for Q4 FY25:

* Operating revenue: ₹2.64 lakh Crore (9.9% YoY growth)

* Profit after tax: ₹22,434 Crore (6.1% YoY growth)

* Annual revenue FY25: ₹9.98 lakh Crore (7.3% YoY growth)

* Annual PAT FY25: ₹80,787 Crore (2.7% YoY growth)

* Dividend declared: ₹5.5 per share for FY25

Business Segments

Oil-to-Chemicals (O2C) Segment

Under this segment, the company primarily refines crude oil to manufacture/extract transportation fuels, polymers and elastomers, intermediates, and polyesters. It has plants and manufacturing assets located across India in Jamnagar, Hazira, Dahej, Nagothane, Vadodara, and others. It has a crude refining capacity of 1.4 million barrels per day. It also has the largest single-site refinery complex globally.

Reliance Industries' oil-to-chemicals segment's revenue for 4Q FY25 increased by 15.4% Y-o-Y to ₹1,64,613 Crore due to higher volumes and increased domestic product placement.

Retail Business

Reliance Retail, India's largest retailer, operates an integrated network of stores and digital commerce platforms, catering to diverse consumer needs across electronics, fashion, grocery, and other categories. Reliance Retail Ventures reported a quarterly revenue of ₹88,620 Crore, up 15.7% YoY. The segment reported EBITDA at ₹6,711 Crore, which was up 14.3% YoY. During the quarter, the business opened 1,085 new stores.

Digital Services (Jio)

The company provides a range of digital television, gaming, broadband, and telecommunication services under the Jio brand name and various digital platforms. Jio Platforms reached 488.2 million subscribers by March 2025, adding 6.1 million in Q4 FY25. JioHotstar served 503 million monthly active users (MAUs) in March 2025, driven by key sporting events like ICC Champions Trophy, IPL, and India's largest digital content library of greater than 320K Hours.

Strategic Initiatives and New Energy Focus

Reliance has set out on an ambitious journey to become Net Carbon Zero by 2035. "Our New Energy business is far more ambitious, far more transformational, and far more global in scope than anything we have ever done before." The company is investing heavily in renewable energy, particularly solar and hydrogen technologies, positioning itself as a leader in India's energy transition.

In February 2024, Reliance and The Walt Disney Company announced a deal to merge their streaming and television assets. The deal was closed in November 2024, with the Disney Star joint venture having a reported value of $8.5 billion.

Recent Developments

Shell, Reliance, and ONGC successfully completed India's first offshore facilities decommissioning project with the safe removal of mid and south Tapti field facilities. In October 2024, Reliance entered into an agreement with Nvidia to procure Blackwell chips for its planned data center in Jamnagar.

RIL is the first Indian company to cross total equity of over ₹10 lakh Crore. The company continues to strengthen its position across multiple sectors while maintaining its commitment to sustainable growth and innovation-led expansion in the rapidly evolving Indian market.