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Business Standard
11 hours ago
- Business
- Business Standard
RIL Q1 PAT jumps 76.5% YoY to Rs Rs 30,783 cr
Reliance Industries' (RIL) profit after tax and share of profit/(loss) of associates & JVs increased by 76.5% year-on-year (Y-o-Y) to Rs 30,783 crore in Q1 June 2025. The company's gross revenue increased by 6% Y-o-Y to Rs 273,252 crore in Q1 June 2025. EBITDA increased by 35.7% Y-o-Y to Rs 58,024 crore. Other income includes Rs 8,924 crore, being proceeds of profit from sale of listed investments. Excluding proceeds of profit from sale of listed investments, EBITDA increased by 15% and PAT was up 25% Y-o-Y. Finance costs increased by 18.9% Y-o-Y to Rs 7,036 crore ($ 820 million), largely due to operationalisation of 5G spectrum assets. Capital expenditure for the quarter ended June 2025, was Rs 29,875 crore. Mukesh D. Ambani, chairman and managing director, Reliance Industries said: "Reliance has begun FY26 with a robust, all-round operational and financial performance. Consolidated EBITDA for 1Q FY26 improved strongly from a year-ago period, despite significant volatility in global macros. During the quarter, energy markets encountered heightened uncertainty, with sharp fluctuations in crude prices. Our O2C business delivered strong growth, with thrust on domestic demand fulfillment and offering value-added solutions through Jio-bp network. Performance was supported by improvement in fuel and downstream product margins. Natural decline in KGD6 gas production resulted in marginally lower EBITDA for Oil & Gas segment. Retails business performance registered customer base expanded to 358 million, along with significant improvement across operating metrics. We are focusing on strengthening the portfolio of own FMCG brands, which resonate with the tastes of Indian consumers. Our Retail business continues to enhance its ability to fulfill everyday as well as specialized needs of all customer cohorts, through a multi-channel approach. I am happy to share that Jio has scaled newer heights during the quarter including crossing 200 million 5G subscribers and 20 million home connects. Jio AirFiber is now the largest FWA service provider in the world, with a base of 7.4 million subscribers. Our Digital Services business consolidated its market position with a robust financial and operational performance. Reliances Media business has emerged as a one-stop platform for entertainment, sports and news content from all over the world." Jio Platforms Limited ("JPL") JPL's quarterly revenue stood at Rs 41,054 crore, up 18.8% Y-o-Y, while quarterly EBITDA was at Rs 18,135 crore, up 23.9% Y-o-Y. ARPU stood at Rs 208.8 during the quarter, up 14.9% Y-o-Y. JPL extended market leadership with ~498 million subscribers, and net addition of 9.9 million in Q1 FY26. Reliance Retail Ventures Limited (RRVL): RRVL's quarterly revenue was at Rs 84,171 crore, up 11.3% Y-o-Y, while quarterly EBITDA stood at Rs 6,381 crore, up 12.7% Y-o-Y. The business expanded its store network with 388 new store openings taking the total store count to 19,592 with area under operation at 77.6 million sq. ft. The registered customer base grew to 358 million, making Reliance Retail one of the most preferred retailers in the country. JioMart continues to expand quick hyper local deliveries registering 68% Q-o-Q growth and 175% Y-o-Y growth of daily orders. Oil To Chemicals (O2C) Segment: The segment revenue for the quarter is lower by 1.5% Y-o-Y to Rs 154,804 crore due to fall in crude oil prices and lower volumes on account of planned shutdown. Revenues were supported by higher domestic placement of transportation fuels through Jio-bp network. The segment EBITDA for the quarter increased by 10.8% Y-o-Y to Rs 14,511 crore due to favourable margins on domestic fuel retail, improvements in transportation fuel cracks as well as PP & PVC deltas. This was partially offset by lower volumes due to planned turnaround, and decline in polyester chain margins. Reliance BP Mobility Limited (RBML) (operating under brand Jio-bp), operates a country-wide network of 1,991 outlets (vs 1,730 in 1Q FY25). Oil and Gas (Exploration and Production) Segment: Q1 FY26 revenue is lower by 1.2% Y-o-Y mainly on account of lower sales volume of KGD6 gas in line with natural decline in production. Revenue was also impacted by lower gas price for CBM gas and lower crude price realisation. This was partly offset by higher KGD6 gas price. The average price realized for KGD6 gas was $ 9.97/MMBTU in 1Q FY26 vis-vis $ 9.27/MMBTU in 1Q FY25. The average price realised for CBM gas was lower at $ 9.90/MMBTU in 1Q FY26 vis-vis $ 11.59/MMBTU in 1Q FY25. EBITDA declined 4.1% to Rs 4,996 crore on Y-o-Y basis on account of lower revenues coupled with higher operating costs due to maintenance activity. The average KGD6 production for the 1Q FY26 is 26.55 MMSCMD of gas and ~19,300 bbl / day of Oil / Condensate. Jio Star Business: JioStar reported record revenues of Rs 11,222 crore (up 1.72% Y-o-Y) with EBITDA of Rs 1,017 crore (up 31.40% Y-o-Y) during the quarter. Q1 FY26 was driven by a successful IPL season with strong growth across both TV and digital platforms. The quarter saw remarkable growth, achieving a subscriber base of 287 million during IPL on JioHotstar and reaching over 800 million people on TV during the quarter. Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services.
Time of India
21 hours ago
- Business
- Time of India
Reliance Jio Q1FY26 net profit up nearly 25% on year
Mumbai: Jio Platforms Ltd (JPL), which houses Reliance Industries' telecom and digital businesses, posted a nearly 25% year-on-year rise in fiscal first quarter net profit, boosted by continued addition of data users. JPL's consolidated net profit stood at ₹7,110 in the June quarter from ₹5,698 crore a year earlier, and ₹7,022 crore crore in the previous three months, the Mukesh Ambani-owned company said in a statement Friday. 'I am happy to share that Jio has scaled newer heights during the quarter including crossing 200 million 5G subscribers and 20 million home connections. Jio AirFiber is now the largest FWA (fixed wireless access) service provider in the world, with a base of 7.4 million subscribers,' said Mukesh Ambani , chairman and managing director, Reliance Industries, the parent of JPL. During the quarter, Jio reached 20 million connected premises with fixed broadband, up from 17.4 million in the preceding quarter. Its FWA subscriber base touched 7.4 million - the largest number of any global telecom operator. This was driven by its self-developed multi-point UBR technology which enables multiple home connections through a single 5G cell site, bringing down deployment costs. The company also fulfilled its target of 1 million home connections in a quarter - for the first time - during Q1FY26, it said. The telco has set a target of connecting 100 million homes across the country. Jio's average revenue per user (ARPU) rose 1.3% sequentially to ₹208.8 from ₹206.2 in FY4Q25, with the strong addition of FWA users and the residual impact of last July's tariff hikes. Mukesh Ambani-owned Jio reported a 19% on-year growth in revenue from operations at ₹35,032 crore for the just-ended quarter, reflecting continued data usage and ramp-up of 5G-based FWA services. Revenue in the fiscal fourth quarter was ₹33,986 crore. Reliance Jio Infocomm, the telecom unit under JPL, reported an over 23% on-year growth in net profit for the June quarter at ₹6711 crore, on revenue from operations of ₹30,882, up nearly 17% on year. This compares with revenue of ₹30,354 crore in FYQ425. Jio Infocomm, the country's top telecom operator, comprises the bulk of JPL's operations. During the three-month period, Jio gained 9.9 million users, boosting its overall base to 498.1 million, as the telco continued to gain users mainly from Vodafone Idea and state-run Bharat Sanchar Nigam Ltd. (BSNL). The company had taken the lead in raising tariffs by 12-25% for most of its users with the aim of shoring up ARPU due to the lack of monetisation of 5G services so far where the company has made large investments in buying airwaves and rolling out a pan-India 5G network. It ended the quarter with 212 million 5G subscribers (versus 191 million in January-March). 'Jio continues to create unparalleled technology infrastructure and is extending its leadership in 5G and fixed broadband. This will be pivotal in driving AI adoption in the country,' said Akash Ambani, chairman, Reliance Jio. JPL's FY1Q earnings before interest, tax, depreciation and amortisation (Ebitda) margin expanded to 518% sequentially from 50.1% in the fiscal fourth quarter and 49.7% a year ago. Per capita data consumption grew to 37 GB per month at June end, from 33.6 GB per month at March-end, due to an expansion of Jio's 5G services and increased consumption by fibre-to-home users. Total wireless data consumption rose to 54.7 billion GB from 48.8 billion GB in the preceding quarter, while voice consumption remained flat at 1.49 trillion minutes.
Economic Times
a day ago
- Business
- Economic Times
Jio Platforms Q1 profit rises 25% to Rs 7,110 crore as 5G, broadband user base grows
Jio Platforms Ltd (JPL), which houses Reliance Industries' telecom and digital businesses, posted a nearly 25% year-on-year rise in fiscal first quarter net profit, boosted by continued addition of data users. ADVERTISEMENT JPL's consolidated net profit stood at Rs 7,110 in the June quarter, up from Rs 5,698 crore a year earlier, and Rs 7,022 crore crore in the previous three months, the Mukesh Ambani-owned company said in a statement Friday. 'I am happy to share that Jio has scaled newer heights during the quarter including crossing 200 million 5G subscribers and 20 million home connections. Jio AirFiber is now the largest FWA (fixed wireless access) service provider in the world, with a base of 7.4 million subscribers,' said Mukesh Ambani, chairman and managing director, Reliance Industries, the parent of JPL. During the quarter, Jio reached 20 million connected premises with fixed broadband, up from 17.4 million in the preceding quarter. Its FWA subscriber base touched 7.4 million - the largest number of any global telecom operator. This was driven by its self-developed multi-point UBR technology which enables multiple home connections through a single 5G cell site, bringing down deployment costs. The company also fulfilled its target of 1 million home connections in a quarter - for the first time - during Q1FY26, it said. The telco has set a target of connecting 100 million homes across the average revenue per user (ARPU) rose 1.3% sequentially to Rs 208.8 from Rs 206.2 in FY4Q25, with the strong addition of FWA users and the residual impact of last July's tariff Ambani-owned Jio reported a 19% on-year growth in revenue from operations at Rs 35,032 crore for the just-ended quarter, reflecting continued data usage and ramp-up of 5G-based FWA services. Revenue in the fiscal fourth quarter was Rs 33,986 crore. ADVERTISEMENT Reliance Jio Infocomm, the telecom unit under JPL, reported an over 23% on-year growth in net profit for the June quarter at Rs 6711 crore, on revenue from operations of Rs 30,882, up nearly 17% on year. This compares with revenue of Rs 30,354 crore in Infocomm, the country's top telecom operator, comprises the bulk of JPL's operations. ADVERTISEMENT During the three-month period, Jio gained 9.9 million users, boosting its overall base to 498.1 million, as the telco continued to gain users mainly from Vodafone Idea and state-run Bharat Sanchar Nigam Ltd. (BSNL).The company had taken the lead in raising tariffs by 12-25% for most of its users with the aim of shoring up ARPU due to the lack of monetisation of 5G services so far where the company has made large investments in buying airwaves and rolling out a pan-India 5G network. ADVERTISEMENT It ended the quarter with 212 million 5G subscribers (versus 191 million in January-March).'Jio continues to create unparalleled technology infrastructure and is extending its leadership in 5G and fixed ADVERTISEMENT broadband. This will be pivotal in driving AI adoption in the country,' said Akash Ambani, chairman, Reliance FY1Q earnings before interest, tax, depreciation and amortisation (Ebitda) margin expanded to 518% sequentially from 50.1% in the fiscal fourth quarter and 49.7% a year capita data consumption grew to 37 GB per month at June end, from 33.6 GB per month at March-end, due to an expansion of Jio's 5G services and increased consumption by fibre-to-home users. Total wireless data consumption rose to 54.7 billion GB from 48.8 billion GB in the preceding quarter, while voice consumption remained flat at 1.49 trillion minutes. (You can now subscribe to our ETMarkets WhatsApp channel)
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Business Standard
a day ago
- Business
- Business Standard
Q1 results: User addition helps Jio log 25% profit jump, 15% rise in Arpu
Jio Platforms Limited (JPL), which runs India's largest telecom network, Reliance Jio, reported a net profit of Rs 7,110 crore in the April-June 2025-26 period, up 24.9 per cent year-on-year. In the last four quarters, the company has registered net profit growth of 25.7%, 26%, 23.4%, and 11.7%, respectively. Overall, JPL's revenue for the April-June 2025-26 quarter stood at Rs 41,054 crore, representing an 18.8% year-on-year increase. India's largest telecom company, Reliance Jio Infocomm, reported an average revenue per user (ARPU) of 208.8 rupees in the current fiscal year's first quarter. In the last quarter, the ARPU was Rs 206.2, up from ₹203.3 in the October-December 2024-25 period. On a yearly basis, the company's ARPU was higher by 14.9 per cent. Overall, Reliance Jio had 498.1 million 5G users at the end of Q1, up from 488.2 million users at the end of March. The telco reported that it gained 9.9 million subscribers in the latest quarter, a sharp increase from the 6.1 million subscriber additions in the previous quarter. The telco had lost 10.9 million subscribers in the July-September 2024 period following the tariff hike. Previously, the telco had added users for seven consecutive quarters. 'We have delivered a milestone quarter at Jio with our 5G and Home subscriber base crossing the 200 million and 20 million marks, respectively. Jio continues to create unparalleled technology infrastructure and is extending its leadership in 5G and fixed broadband. This will be pivotal in driving AI adoption in the country,' Reliance Jio Infocomm chairman Akash Ambani said. On a standalone basis, Reliance Jio Infocomm's revenue from operations stood at Rs 30,882 crore, up from Rs 26, 478 crore recorded year ago. Net profit of the telco for the quarter stood at Rs 6,711 crore on a standalone basis. Reliance Jio Infocomm paid spectrum charges and licence fees of Rs 2,820 crore during the quarter ended June 30.
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Business Standard
a day ago
- Business
- Business Standard
Jio Platforms Q1FY26 results: Net profit rises 25% to ₹7,110 crore
Jio Platforms Limited (JPL), which runs India's largest telecom network, Reliance Jio, reported a net profit of Rs 7,110 crore for the April-June 2025-26 period, marking a 24.9% year-on-year increase. Over the past four quarters, the company has recorded net profit growth of 25.7%, 26%, 23.4%, and 11.7%, respectively. JPL's total revenue for the April-June 2025-26 quarter stood at Rs 41,054 crore, reflecting an 18.8% year-on-year rise. India's largest telecom company, Reliance Jio Infocomm, reported an average revenue per user (ARPU) of Rs 208.8 for the first quarter of the current fiscal year. In the previous quarter, ARPU was Rs 206.2, up from Rs 203.3 in the October-December 2024-25 period. On a year-on-year basis, the company's ARPU rose by 14.9%. Reliance Jio had 498.1 million 5G users at the end of Q1, up from 488.2 million users at the end of March. The telco reported that it gained 9.9 million subscribers in the latest quarter, a sharp increase from the 6.1 million subscriber additions in the previous quarter. 'We have delivered a milestone quarter at Jio with our 5G and Home subscriber base crossing the 200 million and 20 million marks, respectively. Jio continues to create unparalleled technology infrastructure and is extending its leadership in 5G and fixed broadband. This will be pivotal in driving AI adoption in the country,' Reliance Jio Infocomm chairman Akash Ambani said. The revenue from Jio Platforms' operations grew by 19% year-on-year to Rs 35,032 crore, surpassing the revenue growth of the previous quarter at 17.7%. Jio Platforms' earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the quarter were a record Rs 18,135 crore, up 23.9% year-on-year. Reliance Jio also stated that the total number of 5G users on its network surpassed 200 million during the April-June period. Jio's 5G users now represent the largest 5G subscriber base among telecom operators outside China. In total, the network's 5G data traffic during the April-June period was 54.7 billion gigabytes (GB), marking a 24% year-on-year increase, while the total voice traffic was 1.49 trillion minutes, up nearly 5% year-on-year.
