Reliance share: Should you buy RIL shares after Reliance Industries Q4 results 2025?

Reliance Industries Q4 results 2025: Reliance shares will be in focus on Monday as Mukesh Ambani-led oil-to-telecom-to-retail conglomerate Reliance Industries Limited (RIL) declared its Q4 results 2025 on Friday evening. Beating the market estimates, reporting a 6% YoY rise in its consolidated profit for the January to March 2025 quarter. Reliance's Q4FY25 consolidated profit stood at ₹22,434 crore compared to ₹21,143 crore in the corresponding quarter of the previous financial year.

Reliance Jio exhibited healthy growth in the last quarter, with PAT jumping 25.7% YoY to ₹7,022 crore. Revenue from operations increased 17.7% YoY to ₹33,986 crore. The EBITDA of Reliance Jio Platforms jumped 18.5% YoY to ₹17,016 crore, while the EBITDA margin increased 40 basis points YoY to 50.1%.

Reliance Retail Ventures saw its Q4 revenue from operations growing 16.3% YoY to ₹78,622 crore, while PAT increased 29.1% YoY to ₹3,545 crore. EBITDA also increased 14.3% YoY to ₹6,711 crore. However, EBITDA margin declined 20 basis points YoY to 8.5% during the quarter.

Decoding Reliance Industries Q4 results 2025, Astha Jain, Senior Research Analyst at HEM Securities, said, “Reliance Industries' Gross Revenue increased by 7.1% every year to ₹1,071,174 crore while the company’s EBITDA increased by 2.9% to ₹183,422 crore during the same time. The company’s Profit After Tax (PAT) increased by 2.9% on a Y-o-Y basis to ₹81,309 crore. The Company’s Oil & Gas business recorded its highest annual EBITDA, led by higher KGD6 and CBM blocks production. Also, the company’s Digital Services business achieved record revenue. A steady increase in subscriber base, with an improving mix and increasing user engagement metrics, helped earnings grow. The Retail segment of the company has also delivered consistent growth.”

Reliance Q4 results 2025 review

Speaking on Reliance Industries Q4 results 2025, Seema Srivastava, Senior Research Analyst at SMC Global Securities, said, "Reliance Industries' Q4 FY25 results demonstrate a resilient performance, with strong growth in its digital and retail units offsetting softer earnings from its energy businesses. The company's net profit attributable to shareholders grew 2.4% to ₹19,407 crore, and revenue rose 8.8% to ₹2.88 lakh crore, driven by digital services, retail, and oil-to-chemicals business."

Explaining RIL's segmental performance, Seema Srivastava, a certified Chartered Accountant (CA), said, "Revenue grew 17.7% to ₹33,986 crore, driven by strong subscriber additions and tariff revisions. EBITDA surged 18.5% to ₹7,022 crore, with a 25.7% increase in profit. Jio's 5G subscriber base reached 191 million, with an average revenue per user (ARPU) of ₹206.20."

On Reliance Retail Ventures Q4FY25 performance, the SMC Global Securities expert said, “Reliance Retail Ventures' EBITDA rose 14.3% to ₹6,711 crore, driven by stronger store operating metrics and a 2.4-fold sequential jump in hyper-local delivery business. Revenue grew 15.7% to ₹88,620 crore, with a 29.1% increase in net profit.”

She said that RIL's O2C (Oil to Chemical) revenue grew 15.4% to ₹1.64 lakh crore, driven by higher volumes and increased domestic product placement. However, EBITDA fell 10% to ₹15,080 crore due to sharp falls in transportation fuel cracks and lower polyester chain margins. RIL's Oil & Gas EBITDA dropped 8.6% to ₹5,123 crore, driven by lower KG-D6 output, weaker coal-bed-methane price, and one-time maintenance costs.

Reliance share price target

Expecting a gap-up opening for Reliance shares on Monday after Reliance Industries Q4 results 2025, Ganesh Dongre, Senior Manager — Technical Research at Anand Rathi, said, “Currently, Reliance share price is forming a symmetrical descending pattern on the weekly chart. A decisive close and sustained move above ₹1330 may trigger bullish momentum, potentially pushing the stock toward its next resistance at ₹1425. However, if the stock fails to hold above ₹1330 to ₹1350 zone, it may indicate weakness, leading to a possible decline toward the immediate support level at ₹1260 and ₹1220.”

On the suggestion to investors regarding RIL shares, Ganesh Dongre of Anand Rathi said, “We advise investors to buy on dips, preferably near the support levels, in alignment with the abovementioned levels. A well-placed entry around the support zone could offer a favourable risk-reward opportunity.”

For those who have a higher perspective on Reliance shares, Astha Jain of HEM Securities said, “After Q4 results 2025, we are positive on RIL shares and believe that it can move to the ₹1430 to ₹1500 levels on the higher side. However, Reliance shares are having major support at ₹1220 to ₹1190 levels. Hence, we recommend buying Reliance Industries with a price target of ₹1430 in the medium term.”

Disclaimer: The views and recommendations above, if any, are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.