RIL announces AGM date, sets August 14 as record date for dividend
ADVERTISEMENT On April 25, the company's board had recommended a dividend of Rs 5.50 per equity share for FY25. It was announced along with company's March quarter earnings.
The company will pay the dividend within a week of the AGM, RIL said in its filing to the exchanges.
The announcement was made after market hours on Thursday and RIL shares today ended at Rs 1,390 on the NSE, declining 1.4%. Reliance shares have rallied 14% on the year-to-date basis.
RIL reported a 78% year-on-year increase in its Q1FY26 consolidated net profit to Rs 26,994 crore, compared to Rs 15,138 crore in the year-ago period. The sharp increase in profit was primarily driven by a one-time gain from the sale of the company's stake in Asian Paints, which contributed to Rs 8,924 crore in other income. The profit, attributable to the owners of the company, exceeded Street estimates of Rs 22,069 crore. The company's revenue from operations rose 5.3% to Rs 2,48,660 crore versus Rs 2,36,217 crore in the year ago period.
ADVERTISEMENT RIL's earnings before interest, taxes, depreciation and amortization (EBITDA) stood at Rs 58,024 crore in the quarter under review, rising by 36% over Rs 42,748 crore in the corresponding quarter of the last financial year.Meanwhile, the EBITDA margin for the quarter ended June 30, 2025, stood at 21.2%, rising 460 bps over 16.6% in Q1FY25.
ADVERTISEMENT RIL's gross revenue increased by 6% YoY to Rs 2,73,252 crore ($ 31.9 billion). The Jio Platform revenue increased by 18.8% YoY due to strong subscriber growth across mobility and homes, increased consumption and sustained positive momentum in digital services.
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