Reliance Industries jumps nearly 4% after strong March quarter results beat analyst expectations.
RIL emerges as the top gainer on Nifty 50
Stock rises 3.9% to ₹1,350.5, marking its biggest intraday gain since January 17, 2025.
Big Market Move
Net Profit: ₹19,407 crore (up 2.4% year-on-year)
Revenue: ₹2.88 lakh crore (up 8.8%)
Strong performance across all major business segments.
Q4 Earnings Snapshot
Key Growth Drivers
Growth driven by:– Oil-to-Chemicals (O2C)– Jio Digital Services– Reliance Retail
Lower tax and interest expenses also supported profit growth.
Jio’s Performance
Jio Q4 net profit: ₹7,022 crore (up 26%)
Motilal Oswal projects 21% annual EBITDA growth from FY25 to FY27 due to tariff hikes and market share expansion.
Retail Segment Growth
Reliance Retail reports 16% year-on-year revenue growth
Streamlined operations and broad consumer demand signal strong momentum ahead.
Broker Confidence Rises
Brokerages such as JPMorgan, Nomura, and Motilal Oswal raise target prices
Positive outlook driven by better-than-expected O2C margins and strong retail numbers.
New Energy Ambitions
Nuvama projects new energy will contribute 12% of total profit by FY2030
Reliance aims to match O2C segment profitability by FY2031 through clean energy ventures.
Catalysts for Future Growth
Analysts highlight three major growth triggers:– Jio tariff hikes– Potential Jio IPO– Expansion of new energy and retail operations
Long-Term Outlook
FY25 may remain soft for the O2C segment
However, Reliance is expected to post 13–14% annual growth in EBITDA and PAT through FY27
Overall outlook remains strong and positive