• Source:JND
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RIL Share Price: Shares of Reliance Industries Ltd. (RIL) surged nearly 4% during the early trading on Monday, reaching a five-month high of Rs 1,355, as investors applauded the company's robust March quarter results and its consistent advancements in new energy projects. At around 10:23 am, the RIL share price was trading at Rs 1,351.10, up 3.90% on NSE. The shares of Jio Financials also rose nearly 2%, it was trading at 255.98, surging 1.16% against its previous day's closing price. 

Following RIL's retail and telecom operations helping to offset persistent difficulties in its core oil-to-chemicals (O2C) segment, analysts increased their price targets.

RIL Q4 Result

For the January–March period (Q4FY24), the Mukesh Ambani-led conglomerate reported a consolidated net profit of Rs 22,434 crore, exceeding the Rs 18,471.4 crore consensus estimate from Bloomberg. Additionally, the profit increased from ₹21,143 crore in the same quarter of the previous year.

Operational revenue increased from Rs 2.4 lakh crore to ₹2.61 lakh crore. While the EBITDA margin shrank by 90 basis points to 16.9%, operating profit increased by almost 4% to ₹48,737 crore.

Reliance reported record consolidated revenue of Rs 10,71,174 crore for the full fiscal year 2025 (FY25), up 7.1% from the previous year. Net profit increased 2.9% to Rs 81,309 crore.

In addition to its conventional operations, RIL reported that it has put into service its first line of solar panels and is on schedule to establish facilities for producing battery storage, which is a crucial component of its plans for the clean energy transition.

The findings support Reliance's plan to rapidly enter the consumer and green energy markets, despite the fact that its O2C earnings are being negatively impacted by the global slowdown.

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Disclaimer: This is just a piece of information about recent developments in the stock. Jagran does not advise investing, please take experts advise before investing.