Reliance Industries (RIL) reports a strong first-quarter performance, with revenue rising about 25–27% and crossing the ₹3 trillion mark for the first time. According to business outlet reports, RIL’s Q1 revenue increases to around ₹3.11 lakh crore, surpassing analysts’ expectations. The company also records record profitability metrics: EBITDA reaches approximately ₹47,517 crore, which one outlet describes as its highest-ever level for a quarter. The improvement is attributed to an operating and earnings recovery in the Oil-to-Chemicals (O2C) segment and continued growth in Jio’s digital services. At the same time, at least one report notes that margin pressure in Reliance Retail partly offsets gains, but overall results still beat expectations due to strength in other segments. Across the coverage, the accounts agree that revenue growth and EBITDA at record levels drive the headline performance, marking a milestone for RIL as revenue exceeds ₹3 trillion in the quarter.
Reliance Industries posts stronger Q1 results as revenue crosses ₹3 trillion
Reliance Industries (RIL) reports a strong first-quarter performance, with revenue rising about 25–27% and crossing the ₹3 trillion mark for the first time. According to business outlet reports, RIL’s...
- Reliance Industries’ Q1 revenue rises by about 25–27% year-on-year, reaching around ₹3.11 lakh crore.
- RIL’s Q1 revenue crosses ₹3 trillion for the first time.
- EBITDA is reported at about ₹47,517 crore and is described as a record level for the quarter.
- Growth is linked to recovery in the O2C (oil-to-chemicals) business.
- Jio’s digital services growth contributes to the results, while Retail margins face pressure.
Reliance Industries beats expectations in an all-round Q1 show
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