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RIL Q1 FY25 Results Highlights

RIL Q1 FY25 Results Highlights

Consolidated

Reliance posted consolidated revenues at ₹257,823 crore ($30.9 billion), up 11.5% Y-o-Y, led by higher oil prices and volumes in O2C and Oil & Gas segments with steady growth in consumer businesses

RIL Q1 FY25 Results Highlights

RIL Q1 FY25 Results Highlights

Reliance’s consolidated EBITDA increased by 2.0% Y-o-Y to ₹42,748 crore ($5.1 billion). Strong contribution from oil & gas and consumer business offset weak O2C

Reliance’s consolidated Profit after tax decreased 4.0% Y-o-Y to ₹17,448 crore ($2.1 billion), largely due to higher depreciation

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Capital Expenditure for the quarter ended June 30, 2024, was ₹28,785 crore ($3.5 billion)

RIL’s consolidated Net Debt as of 30th June 2024 was marginally lower at ₹112,341 crore as against ₹116,281 crore as of 31st March 2024. Net debt to EBITDA ratio improved to 0.66, from 0.76 a year ago

Jio Platforms

Jio Platforms’ EBIDTA for quarter ended June 2024 increased by 11.6% Y-o-Y to ₹14,638 crore

Jio’s net profit for the quarter grew 11.7% Y-o-Y to ₹5,698 crore

Jio continued to lead the industry and gain subscriber share with 8.0 million net additions in the June ’24 quarter to 489.7 million. JioAirFiber drove the highest ever quarterly home connects for Jio with over 1.1 million net additions

Jio’s ARPU was ₹181.7 with better subscriber mix, partially offset by increasing mix of promotional 5G traffic being offered on an unlimited basis to subscribers and not charged separately.

Jio’s customer engagement levels continued to remain strong with total data traffic increasing by 32.8% to 44.1 billion GB, and voice traffic increasing 6.0% Y-o-Y to 1.42 trillion minutes

Jio is the largest 5G operator outside China with ~ 130 million 5G subscribers accounting for over 31% of Jio’s wireless data traffic. The entire 5G data is being carried on Jio’s own 5G+4G combo core

RIL Q1 FY25 Results Highlights







Reliance Retail

Reliance Retail’s Gross Revenue for the June 2024 quarter grew 8.1% Y-o-Y to ₹75,615 crore

Reliance Retail’s quarterly EBITDA at ₹5,664 crore which was up by 10.5% Y-o-Y, led by increase in footfalls and expansion of store footprint, streamlining of operations driving margin improvement

Reliance Retail expanded its store network with 331 new store openings taking the total store count to 18,918, with area under operation at 81.3 million sq. ft. The quarter recorded footfalls of over 296 million, a growth of 18.9% Y-o-Y

The registered customer base grew to 316 million, making Reliance Retail one of the most preferred retailers in the country. The total transactions recorded were at 334 million, up 6.4% Y-o-Y

RIL Q1 FY25 Results Highlights

RIL Q1 FY25 Results Highlights

Oil & Gas

The Oil & Gas segment revenue for the quarter was higher by 33.4% Y-o-Y at ₹6,179 crore, mainly on account of higher volumes, partly offset by lower price realisation from KG D6 and CBM Field

The Oil & Gas segment’s quarterly EBITDA increased to ₹5,210 crore which was up by 29.8% on Y-o-Y basis. EBITDA margin was at 84.3% for 1Q FY25

The average KGD6 Production for the 1Q FY25 was 28.7 MMSCMD of gas and 21,640 bbl per day of Oil / Condensate

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