Reliance Q4 profit beats Street on resurgent retail, robust telecom earnings

Mumbai: Reliance Industries Ltd, India’s most valuable company, beat Street estimates while reporting a 6% growth in its consolidated profit for the January-March quarter on Friday. This came on the back of a resurgence in its retail business and better realizations in telecom even as pain persisted in its core oil-to-chemicals (O2C) business.

The company reported consolidated profit of ₹22,434 crore, higher than the ₹18,471.4 crore consensus estimate of analysts polled by Bloomberg, in the fourth quarter of FY25. The profit in the corresponding quarter in the previous fiscal year was ₹21,143 crore.