Latest news with #IshaAmbani
India.com
a day ago
- Business
- India.com
Telecom, data, oil or retail, where is Mukesh Ambani making the most money from? This report will surprise you because...
Mukesh Ambani, Isha Ambani make big move, buys this US company, the company is..., Reliance to benefit due to.... Reliance Industries Limited (RIL) has long been known for its oil, gas, and oil-to-chemical business. But with time, things have changed. Today, Reliance is becoming more of a technology-driven company rather than just an energy giant. The company's results for the first quarter of financial year 2025–26 (Q1 FY26) show a major shift in its earnings pattern. Reliance is now earning more money from its telecom, digital services, and retail business than from its traditional oil and gas operations. So, where is the company making most of its money now? Reliance Industries record-breaking earnings In Q1 FY26, Reliance reported a record EBITDA (earnings before interest, taxes, depreciation, and amortisation) of Rs. 58,024 crore and a net profit of Rs. 30,783 crore. For the past few quarters, there were signs that Reliance's revenue sources were slowly changing and in this quarter, the shift became even clearer. Now, instead of relying mainly on oil and gas, Reliance is seeing more profits from its Jio (telecom), digital platforms, and retail stores. These new-age businesses are driving the company's growth and reshaping its identity. Reliance Industries EBITDA breakdown for Q1 FY26 Business Segment EBITDA (₹ Crore) Change from Last Year (YoY) Digital Services (Jio) Rs. 18,312 Up by 22.6 per cent Oil to Chemicals (O2C) Rs. 14,511 Up by 10.8 per cent Retail (RRVL) Rs. 6,381 Up by 12.7 per cent Oil & Gas Rs. 4,996 Down by 4.1 per cent Others Rs. 2,589 Up by 29.2 per cent Telecom leads the way Reliance's telecom and digital arm, Jio Platforms Ltd, reported an EBITDA of Rs. 18,312 crore, which makes up about 32 per cent of the company's total EBITDA. Jio's 5G user base has now crossed 200 million, and its home broadband users have reached 20 million. The company's ARPU (Average Revenue Per User) has also gone up to Rs. 208.8, showing a 14.9 per cent increase compared to the same time last year. Retail business grows stronger Reliance Retail Ventures Ltd (RRVL) posted an EBITDA of Rs. 6,381 crore, which is 12.7 per cent higher than the same quarter last year. In this quarter alone, Reliance Retail earned ₹84,171 crore in revenue and opened 388 new stores across the country. Its customer base has also grown to 358 million (35.8 crore). Oil-to-chemicals business steady Reliance's Oil-to-Chemicals (O2C) segment, which used to be the biggest contributor to the company's revenue and profit for many years, recorded an EBITDA of Rs. 14,511 crore in the latest quarter. This is a 10.8 per cent increase compared to the same time last year. However, the revenue from this segment dropped by 1.5 per cent. On the positive side, fuel sales through Jio-bp went up, which helped improve profit margins. Oil & gas segment sees a decline Reliance's traditional oil and gas business, once its core identity, reported an EBITDA of Rs. 4,996 crore, which is a 4.1 per cent drop year-on-year. The company was impacted by lower production from the KG-D6 gas field and falling prices of CBM (Coal Bed Methane) gas. Revenue from this segment also dipped by 1.2 per cent. Still, the EBITDA margin for the segment remained strong at 81.9 per cent, meaning the company is keeping its costs in check despite lower income. Data is the new oil for Reliance For Reliance Industries Limited (RIL), data has now become the new oil. The company is earning more and more money from its digital and data-driven services. This clearly shows that Reliance is changing its strategy and moving away from just oil and gas, and becoming more technology- and customer-focused. What did Mukesh Ambani say about the future of Reliance? After the release of the quarterly results, Mukesh Ambani, Chairman and Managing Director of Reliance, said in a statement: 'Reliance is fully committed to supporting India's growth through inclusive development, technological innovation, and energy transformation.' He added that looking at how the business is performing, he is confident that Reliance will continue doubling in size every 4–5 years, just like it has done in the past.
India.com
a day ago
- Business
- India.com
Good news for Mukesh Ambani as this company earns Rs 269940000000 as..., revenue increases to.., Jio is at...
Mukesh Ambani, Isha Ambani make big move, buys this US company, the company is..., Reliance to benefit due to.... Reliance Industries, headed by Mukesh D. Ambani, has reported the first quarter results for FY 2025-26, showing a net profit of Rs 26,994 crores, a 78.31% year-on-year increase, mainly due to continued strong performance from its retail, telecom, and oil-to-chemicals (O2C) businesses. According to its stock exchange filing, the company's revenue from operations also rose 5.3 per cent to Rs 2,48,660 crore compared to Rs 2,36,217 crore in the same quarter previous year. Over the June quarter, revenue increased by 5.26% to Rs 2,48,660 crores, up from Rs 2,36,217 crores year-on-year. Reliance reported EBITDA of Rs 58,024 crores, which is 35.70% higher than Rs 42,748 crores in the same quarter in the previous year. The EBITDA margin was 21.2%, up by 460 basis points from 16.6% in the same quarter last year. As of June 30, 2025, Reliance consolidated net debt had marginally increased to Rs 1,17,581 crores from Rs 1,17,083 crores as of March 31, 2025. Reliance Retail recorded a 28% year-on-year rise in net profit at Rs 3,271 crore for the first quarter as revenue increased by 11% to Rs 73,720 crore. The Company's store count grew to 19,592 stores (an increase of 388 stores), totaling 77.6 million square feet. Registered customer count increased to 358 million. For Reliance Jio, the telecom division reported a 25% year-on-year increase in net profit at Rs 7,110 crore for the first quarter, as revenue rose 19% to Rs 41,054 crore. As of June 30, 2025, Jio had 498.1 million subscribers, and the number of Jio True 5G users surpassed 200 million, with a total of 5G customers at 212 million by the close of the quarter. According to the news agency IANS report, Reliance Jio, the telecom and digital arm of the company, reported a 25 per cent rise in net profit at Rs 7,110 crore for the quarter. Its revenue rose 19 per cent YoY to Rs 41,054 crore, driven by strong growth in both its mobile and home broadband customer base, and higher data consumption. Reliance Retail also continued its growth momentum. Its revenue increased by 11.3 per cent YoY to Rs 84,171 crore. The retail segment's EBITDA rose by 12.7 per cent to Rs 6,381 crore, with the operating margin improving to 8.7 per cent. During the quarter, Reliance Retail added 388 new stores, bringing the total store count to 19,592, spread across 77.6 million square feet of retail space. Today, Reliance Retail is the largest organised retail player in India.
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Business Standard
2 days ago
- Business
- Business Standard
Reliance Retail Q1FY26 results: Net profit soars 33.2% to ₹3,267 crore
Reliance Retail Ventures Limited (RRVL) on Friday reported a 33.2% year-on-year rise in its net profit, reaching Rs 3,267 crore for the first quarter of the financial year 2025-26 (FY26). Executive director Isha Ambani said, 'Reliance Retail delivered resilient performance during this quarter, driven by our relentless focus on operational excellence, geographical expansion, and a sharper product portfolio. Our continued investments in cutting-edge technologies and differentiated product offerings have enabled us to serve our customers better and scale with agility." Reliance Retail's EBITDA (earnings before interest, taxes, depreciation, and amortisation) from operations increased 10.9% to Rs 6,044 crore. The firm's revenue from operations stood at Rs 73,720 crore, up 11.3% year-on-year, while its gross revenue also rose by 11.3% to Rs 84,171 crore. Sequentially, revenue from operations decreased by 6.2%, and net profit dropped by 7.2%. Mukesh Ambani, chairman and managing director of Reliance Industries, said in a statement, 'Retail's business performance registered customer base expansion to 358 million, along with significant improvement across operating metrics.' He added, 'We are focusing on strengthening the portfolio of our own FMCG brands, which resonate with the tastes of Indian consumers. Our Retail business continues to enhance its ability to fulfil everyday as well as specialised needs of all customer cohorts, through a multi-channel approach.' During the quarter, the company opened 388 new stores, taking its total store count to 19,592 with a total area of 77.6 million square feet. For the quarter ended June, its finance cost was up 7.6% year-on-year, totalling Rs 592 crore. The company's registered customer base grew to 358 million, making Reliance Retail one of the most preferred retailers in the country, according to its release. The company also highlighted that JioMart continued to expand quick hyper-local deliveries, registering a 68% quarter-on-quarter growth and 175% year-on-year growth in daily orders. Reliance Retail's consumer electronics business achieved steady growth, driven by a 26% increase in average bill value and a 200 basis point increase in conversions year-on-year. However, air conditioner sales were impacted due to the early onset of the monsoon, the company said. Its fashion and lifestyle business experienced growth in revenue and EBITDA, driven by new store formats and strong performance of its own brands. 'Growth has picked up with multiple initiatives undertaken in the last four quarters, including Reliance Trends launching in-trend designs and improving store experiences. Emerging formats of GAP, Azorte, and Yousta registered a 59% year-on-year growth, now operating in over 170 stores,' RRVL said in its release. It added that Shein continues to receive strong traction, crossing 2 million app downloads and over 20,000 live options. The grocery business also continued to grow at scale, consolidating its market leadership position, the company stated. It saw broad-based growth across categories, with home and personal care (HPC) growing at 15% year-on-year, fruits and vegetables growing at 15%, and packaged foods growing at 13%. 'The Metro format has seen strong growth momentum during the quarter, with key categories like home and personal care growing 25% year-on-year. Hot beverages and dry fruits & nuts each grew by 20% year-on-year. The business launched its 'Elite' loyalty program across customer cohorts during the quarter,' it said. Its quick hyper-local commerce saw a strong pick-up in daily orders, with 68% quarter-on-quarter growth and 175% year-on-year growth. Additionally, operations were scaled to 4,290 pin codes, serviced by over 2,200 stores in more than 1,000 cities.
Economic Times
2 days ago
- Business
- Economic Times
Reliance Retail Q1 profit rises 28% to Rs 3,271 crore despite early monsoon impact
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Reliance Retail on Friday said its biggest segment - consumer electronics and devices was impacted due to early onset of monsoons but recovery is underway after reporting 11% sales growth in the first quarter of 2025-26. Reliance Industries ' retail division, which operated 19,592 stores at the end of June, selling grocery, consumer electronics and apparel, posted net revenue of Rs 73,720 crore for the April-June period. Net profit increased 28% from a year earlier to Rs 3271 crore, while gross revenue increased 11% to Rs 84,171 crore."Retail's business performance registered customer base expanded to 358 million, along with significant improvement across operating metrics,' Reliance Industries chairman and managing director Mukesh Ambani Retail opened 388 new stores in the first quarter and had 77.6 million sq ft of retail space as of continued to expand quick hyper local deliveries posting 68% growth and 175% growth in daily orders. Consumer electronics business was driven by an average bill value growth, up 26%, and conversions increased 200 bps. AC sales, however, were impacted due to early onset of the fashion and lifestyle division, growth has picked up with multiple initiatives undertaken in the last four quarters, and emerging formats of GAP, Azorte, and Yousta posting 59% growth, which now operate over 170 stores. Within grocery, it saw broad based growth across categories with home and personal care growing at 15%, fruits and vegetables growing at 15% while packaged foods expanded 13%Reliance's consumer products business, which sells Campa and Independence, recorded sales of Rs 4400 crore during the quarter.'Reliance Retail delivered resilient performance during this quarter driven by our relentless focus on operational excellence, geographical expansion and sharper product portfolio. Our continued investments in cutting-edge technologies and differentiated product offerings have enabled us to serve our customers better and scale with agility,' said Isha Ambani, executive director, Reliance Retail Ventures.
News18
2 days ago
- Business
- News18
Reliance Retail Q1 Results: Net Profit Rises 28% To Rs 3,271 Crore
The company's consolidated gross revenue came in at Rs 84,171 crore, a 11 percent rise from Rs 75,615 crore in the corresponding quarter of the previous year. Reliance Retail, the retail arm of Reliance Industries Ltd, reported a 28 percent increase in its fiscal first quarter profit as it expanded its store network and consumer brand businesses. Net profit rose to Rs 3,271 crore for the quarter ended June 30 from Rs 2,549 crore in the same period last year, the company said on July 18. The company's consolidated gross revenue came in at Rs 84,171 crore, a 11 percent rise from Rs 75,615 crore in the corresponding quarter of the previous year. On a quarter-on-quarter basis, revenue declined 5 per cent from Rs 88,620 crore in the March quarter. Retail revenue was projected to rise 20.8 percent year-on-year and 3.1 percent quarter-on-quarter to Rs 91,380 crore, with an EBITDA margin of 7.6 percent, according to Moneycontrol survey of nine analysts. Its EBITDA margin rose 20 basis points to 8.7 per cent from 8.5 per cent in the same quarter last year. 'Reliance Retail delivered resilient performance during this quarter driven by our relentless focus on operational excellence, geographical expansion and sharper product portfolio. Our continued investments in cutting-edge technologies and differentiated product offerings have enabled us to serve our customers better and scale with agility," said Isha Ambani, Executive Director, Reliance Retail Ventures Ltd. 'Business continued to focus on expanding non-apparel categories like footwear, beauty and personal care and accessories to offer wider choices to customers," RRVL said in a statement. With its store footprint now stable, the company is focusing on high-growth segments such as premium, quick commerce, and consumer brands as it sharpens its focus on profitability and deeper market penetration. Total store count stood at 19,592 stores in Q1, up 3.6 percent from a year earlier. Since the March quarter, the company has added 252 stores. Reliance Retail's registered customer base grew 13.3 percent from a year earlier to 358 million, while total transactions rose 16.5 percent to 389 million. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
