Bilkul Bazaar
Mumbai | 18 Oct 2025
Reliance Industries Limited (RIL) reported a consolidated net profit of ₹22,092 crore for the quarter ended September 30, 2025, marking a 14.3% year-on-year (Y-o-Y) increase driven by solid growth across its Oil-to-Chemicals (O2C), Digital Services, and Retail businesses. Consolidated EBITDA rose 14.6% to ₹50,367 crore, while gross revenue climbed 9.9% to ₹2,83,548 crore.
Chairman and Managing Director Mukesh D. Ambani credited the performance to the company’s diversified operations and India-focused portfolio. “Reliance delivered a robust performance during 2QFY26 led by strong contribution from O2C, Jio, and Retail businesses,” Ambani said, highlighting progress in the company’s new growth engines—new energy, media, and consumer brands.
Segment Highlights
O2C: The segment posted a 20.9% jump in EBITDA to ₹15,008 crore, supported by higher transportation fuel margins and volume growth in domestic fuel retailing. Revenue from the segment grew 3.2% to ₹1,60,558 crore. Jio-bp expanded its network to 2,057 fuel outlets, achieving 34% growth in diesel sales and 32% in petrol volumes.
Digital Services (Jio Platforms): Jio’s subscriber base crossed the 500 million milestone, reaching 506 million by September 2025. The unit’s EBITDA rose 17.7% Y-o-Y to ₹18,757 crore on revenue of ₹42,652 crore. Average revenue per user (ARPU) increased 8.4% to ₹211.4, with data traffic surging nearly 30% Y-o-Y. Akash M. Ambani, Chairman of Reliance Jio Infocomm, said the milestone reflects Jio’s role as the “backbone of Digital India.”
Retail: Reliance Retail Ventures Limited (RRVL) reported an 18% rise in quarterly revenue to ₹90,018 crore and a 16.5% increase in EBITDA to ₹6,816 crore. Grocery and Fashion segments led the growth, rising 23% and 22%, respectively, aided by festive demand. The company added 412 new stores during the quarter, taking its total count to 19,821, with a registered customer base of 369 million.
Other Businesses:
The company’s Oil and Gas segment reported a 2.6% decline in revenue to ₹6,058 crore due to lower KGD6 production. Meanwhile, JioStar, its media arm, reported record EBITDA of ₹1,738 crore with industry-leading margins of 28.1%, driven by record-breaking digital viewership during the India–England Test Series.
RIL’s capital expenditure for the quarter stood at ₹40,010 crore, primarily directed toward O2C expansion, digital infrastructure, retail footprint, and new energy giga factories. Net debt remained stable at ₹1,18,545 crore.