Quarterly Results of Reliance Industries FY25

Reliance Industries Limited (RIL) continues its upward trajectory, delivering strong financial performance in Q3 FY25. With steady revenue growth, rising EBITDA, and improving margins, the company’s diverse businesses—from refining to retail—are fueling its expansion.

Led by Mukesh Ambani, Reliance remains India’s most valuable private enterprise, standing tall on the global stage.

Reliance Industries Financials

Here’s a detailed table showcasing Reliance Industries’ financial performance for Q3 FY25 and Q2 FY25, along with their quarter-over-quarter (Q-o-Q) and year-over-year (Y-o-Y) growth. This will give you an overview of how the company has performed recently compared to the previous quarters and the same quarter last year.

MetricQ3 FY25(₹ in cr)Q2 FY25(₹ in cr)Q-o-Q GrowthQ3 FY24(₹ in cr)Y-o-Y Growth
Total Revenue₹2,43,865₹2,35,481+3.56%₹2,27,970+6.97%
Selling/General/Admin Expenses₹7,155₹6,649+7.61%₹6,313+13.34%
Depreciation and Amortisation₹13,181₹12,880+2.34%₹12,903+2.15%
EBITDA₹48,003₹43,9349.26%₹44,6787.8%
EBITDA Margin18.0%17.0%100 bps18.0%210 bps
Total Operating Expense₹2,13,257₹2,09,303+1.89%₹2,00,217+6.51%
Operating Income₹30,608₹26,178+16.92%₹27,753+10.29%
Net Income Before Taxes₹28,769₹25,259+13.9%₹25,986+10.71%
Net Income₹18,540₹16,563+11.94%₹17,265+7.38%
Diluted Normalised EPS13.712.24+11.93%12.76+7.37%

Highlights

  • Total Revenue: The company achieved total revenue of ₹2,43,865 crore in Q3 FY25, marking a 3.56% increase from the previous quarter and a 6.97% rise year-over-year. 
  • EBITDA: EBITDA rose to ₹48,003 crore, a 9.26% increase from Q2 FY25, driven by improved refining margins and higher retail sales. 
  • EBITDA Margin: The EBITDA margin improved to 18.0%, up 100 basis points from the previous quarter, reflecting operational efficiencies and higher margin product sales. 
  • Net Income: Net income increased to ₹18,540 crore, an 11.94% rise from Q2 FY25, due to higher profits in the retail and telecom sectors.

Reliance Industries in the Markets

Reliance Industries has once again demonstrated its resilience and growth potential with strong Q3 FY25 results. The company’s diversified business model, operational efficiencies, and strategic expansion have contributed to higher revenues, improved margins, and steady profitability.

As Reliance continues to lead in multiple sectors, its commitment to innovation and growth keeps it at the forefront of India’s corporate landscape.