📝 Introduction
Reliance Industries has announced its Q4 FY25 results, showcasing solid growth across key financial metrics. With robust revenue growth, stable margins, and strong profit performance, the company has continued its upward trajectory, backed by operational excellence and strategic initiatives across its diversified business segments.
💹 Financial Highlights
- Sales (Revenue): ₹2,61,388 Cr in Mar 2025 vs ₹2,36,533 Cr in Mar 2024 (YoY Growth: +10.5%)
- Operating Profit: ₹43,832 Cr in Mar 2025 vs ₹42,516 Cr in Mar 2024 (YoY Growth: +3.1%)
- Net Profit: ₹22,611 Cr in Mar 2025 vs ₹21,243 Cr in Mar 2024 (YoY Growth: +6.4%)
- EPS: ₹14.34 in Mar 2025 vs ₹14.01 in Mar 2024 (YoY Growth: +2.4%)
💰 Dividend Announcement
As of the reported quarter (Mar 2025), there is no public dividend announcement made in the results documentation. Investors are advised to follow the official investor relations site for any updates.
📊 Key Financial Metrics
| Metric | Mar-25 | Dec-24 | Mar-24 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue (₹ Cr) | 2,61,388 | 2,39,986 | 2,36,533 | 8.90% | 10.50% |
| Expenses (₹ Cr) | 2,17,556 | 1,96,197 | 1,94,017 | 10.90% | 12.10% |
| Operating Profit | 43,832 | 43,789 | 42,516 | 0.10% | 3.10% |
| PBT (₹ Cr) | 29,103 | 28,643 | 27,720 | 1.60% | 5.00% |
| Net Profit (₹ Cr) | 22,611 | 21,930 | 21,243 | 3.10% | 6.40% |
📌 Key Financial Ratios
| Ratio | Mar-25 | Dec-24 | Mar-24 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Operating Margin (%) | 17% | 18% | 18% | -1% | -1% |
| Net Profit Margin (%) | 8.60% | 9.10% | 9.00% | -0.50% | -0.40% |
| EPS (₹) | 14.34 | 13.7 | 14.01 | 4.70% | 2.40% |
🏢 Peer Comparison
| Company | CMP (₹) | Market Cap (₹ Cr) | P/E | P/B | ROE (%) | ROCE (%) | 52W High | 52W Low |
|---|---|---|---|---|---|---|---|---|
| Reliance Industries | 1448.4 | 19,60,042.80 | 28.14 | 2.33 | 8.51 | 9.43 | 1608.95 | 1114.85 |
| IOCL | 145.3 | 2,05,181.69 | 16.99 | 1.09 | 6.56 | 7.37 | 185.97 | 110.72 |
| BPCL | 317.95 | 1,37,942.79 | 10.17 | 1.71 | 17.34 | 16.25 | 376 | 234.01 |
| HPCL | 407.4 | 86,687.48 | 12.87 | 1.71 | 13.74 | 10.51 | 457.2 | 287.55 |
| MRPL | 139.45 | 24,439.93 | 434.75 | 1.86 | 0.43 | 4.33 | 253.56 | 98.92 |
| CPCL | 655.7 | 9,764.14 | 45.63 | 1.2 | 2.51 | 4.3 | 1275 | 433.1 |
🧭 Strategic Developments
- Continued investments in telecom and retail arms contributed to top-line strength.
- Digital and retail business segments saw strong operational KPIs with improving ARPU and store footfalls.
- Ongoing CAPEX in green energy and upstream oil & gas business likely to shape future growth.
- Management has reaffirmed its focus on sustainable energy and digital transformation.
✅ Positives & Negatives
👍 Positives This Quarter:
- Strong YoY growth in Revenue and Net Profit.
- Stable operational margins despite rising input costs.
- Higher income from other sources boosted PBT.
- Positive management outlook and continued investments in future-ready sectors.
👎 Negatives / Challenges:
- Marginal decline in operating and net profit margins.
- Rising depreciation and interest expenses impacting the bottom line.
- No dividend announcement may disappoint income-seeking investors.
📊 Market Reaction & Street View
- Stock Price Reaction: Reliance stock showed marginal upward movement post results announcement.
- Investor Sentiment: Overall sentiment is positive, buoyed by stable earnings and future growth roadmap.
- Brokerage Commentary:
- Morgan Stanley: Maintains Overweight; Target Price: ₹1,750
- Jefferies: Positive on retail and digital outlook; Target: ₹1,800
- UBS: Highlights strong free cash flows; Target: ₹1,720
📈 Final Outlook
Reliance Industries has delivered a solid Q4 performance marked by consistent growth across revenue and profits. While operating margins remained steady, higher depreciation and input costs slightly impacted profitability ratios. With its robust investment plans in digital, green energy, and consumer-facing segments, the long-term growth outlook remains strong and favorable.
🔗 External Links
For detailed financials and official updates, visit: Reliance Industries Investor Relations
⚠️ Disclaimer
This summary is based on publicly available information from official filings, press releases, and financial news sources. It is provided for informational purposes only and does not constitute financial advice, investment recommendation, or an offer to buy or sell any securities. Readers are advised to conduct their own research or consult with a qualified financial advisor before making any investment decisions.