Billionaire Mukesh Ambani-backed Reliance Industries (RIL) on Friday, April 25, reported a net profit of ₹19,407 crore for the January-March quarter (Q3 FY25), up 2.41% from ₹18,951 crore recorded in the same period last year.
Its revenue from operations grew 10% to ₹2,64,573 crore at the end of March quarter, as against ₹2,40,715 crore in the same period a year ago.
In terms of operations, Reliance Industries’ operating profit, also known as earnings before interest, tax, depreciation and amortization (EBITDA), rose 3.1% to ₹43,832 crore from ₹42,516 crore in the same period last year.
Its operating profit margin, also known as EBITDA margin, declined 110 basis points (bps) to 16.57% from 17.66%.
The company’s board of directors has recommended a dividend of ₹5.5 per share for the financial year 2024-25. Shares of Reliance Industries closed 0.12% lower at ₹1,300.05 ahead of its earnings announcement.
Reliance Industries Q4 results: Net profit increase 2.4%, revenue rises 10%, declares dividend of ₹5.5/share
