Reliance Industries to announce Q4 earnings, dividend, and fundraising plan on April 25

The board will also discuss the possibility of raising funds through the issuance of listed, secured or unsecured, redeemable non-convertible debentures (NCDs) on a private placement basis.

Additionally, the board will consider recommending a dividend on equity shares for the financial year ending March 31, 2025.

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In the previous trading session, RIL’s stock ended 2.9% higher at Rs 1,274.5 on the BSE. However, in the past year, the stock has declined by over 13%, although it has surged more than 17% in the last two years.

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In Q3 FY25, Reliance Industries reported a 7% year-on-year (YoY) growth in its consolidated net profit, reaching Rs 18,540 crore. Revenues from operations increased by 7% YoY to Rs 2.43 lakh crore.The oil-to-telecom conglomerate’s operating profit, measured as EBITDA, surged nearly 8% to Rs 48,003 crore in Q3, while margins expanded by 10 basis points to 18%.Jio Platforms, the company’s digital arm, posted a 26% YoY growth in its net profit, reaching Rs 6,861 crore, while revenues improved by 19% YoY to Rs 38,750 crore.

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Meanwhile, the O2C business showed strong operating performance, with an EBITDA growth of 2% to Rs 14,402 crore. Revenues for the segment also increased by 6% YoY to Rs 1.49 lakh crore.

Reliance Retail, RIL’s consumer-facing business, registered a revenue growth of 9% YoY to Rs 90,333 crore in Q3. Sequential growth was even stronger at 18%, driven by productivity improvement initiatives and increased customer engagement during the festive period through new product launches and promotions.

As per Trendlyne data, the average target price for RIL stock is Rs 1,550, indicating an upside of 22% from the current market price. The consensus recommendation from 35 analysts is a ‘Buy’.

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