Back
PremiumReliance Q2 Results Highlights: Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) announced its financial results for the July-September quarter of fiscal 2024-25 (Q2FY25) today, October 14. The oil-to-telecom conglomerate reported muted growth in the second quarter of FY25 due to a weaker oil-to-chemicals (O2C) business.
India's most valuable company reported a consolidated profit of ₹16,563 crore, which was 4.7 per cent lower than the same period last year. Consolidated revenue from operations during the quarter was flat at ₹2,35,481 crore.
Reliance reported consolidated earnings before interest, tax, depreciation and amortization (EBITDA) of ₹43,934 crore for the quarter, two per cent higher year-on-year. EBITDA margin 17 per cent compared to 17.5 per cent last year.
Reliance’s board approved a bonus share issue in the ratio 1:1 during its latest annual general meeting (AGM) in August 2024. Reliance's share price settled higher higher ahead of Q2 results announcements.
Stay tuned to our Reliance Q2 results Live blog for the latest updates
