Reliance Industries, led by Mukesh Ambani, finished the financial year FY25 on a strong note, showing steady growth even during challenging times. The company’s strength lies in its diversified businesses—especially retail and digital services—which powered its performance, even though the oil-to-chemical segment saw a dip.
Here are five key points from Reliance’s annual report for FY25:
1. Overall Financial Performance
- Revenue: ₹10.71 lakh crore (up 7.1% from last year)
- Profit After Tax (PAT): ₹81,309 crore (up 2.9%)
- EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortization): ₹1.83 lakh crore (up 2.9%)
More than half of the EBITDA came from the company’s consumer-focused businesses like retail and digital services.
- Debt: Gross debt stood at ₹3.47 lakh crore, and net debt at ₹1.17 lakh crore.
- Capital Expenditure: ₹1.31 lakh crore was spent mainly on oil-to-chemical (O2C) projects, expanding retail stores, enhancing digital services, and building new energy manufacturing.
2. Reliance Retail Performance
- Revenue: ₹2.91 lakh crore (up 6.6% from last year)
- EBITDA: ₹25,094 crore (up 8.6%)
- Store Expansion: 2,659 new stores were added, taking the total to 19,340 — the biggest retail footprint in India.
- Customer Base: Over 349 million registered customers.
3. Reliance Jio and Digital Services
- Revenue: ₹1.31 lakh crore (up 16%)
- EBITDA: ₹65,001 crore (up 14.7%), though the margin slightly dropped to 49.5%
Growth came from mobile tariff hikes, more broadband users, and expansion in digital services. Jio is also pushing forward in 5G, AI, and global tech innovation.
4. Media & Entertainment Growth
- Revenue: ₹17,762 crore (up 74.9%)
- EBITDA: ₹1,833 crore (up 139.6%)
A big boost came from the formation of JioStar—India’s largest media platform—after merging Viacom18 with Star India.
5. Oil-to-Chemical (O2C) Business Struggles
- Revenue: ₹6.27 lakh crore (up 11%)
- EBITDA: ₹54,988 crore (down 11.9%) due to weak fuel prices and low chemical margins.
Even with challenges, Reliance managed well through efficient operations and higher domestic sales.
Oil & Gas Segment: Revenue rose to ₹25,211 crore (up 3.2%), and EBITDA increased to ₹21,188 crore (up 4.9%), with a high margin of 84%.
Also See: India’s US Crude Oil Imports Surge Over 50% in First Half of 2025
Conclusion:
Reliance’s retail and digital wings are growing fast, and while the O2C segment faced some pressure, the company’s strong and balanced approach across sectors helped it close FY25 on a high note.
