Reliance Industries reported strong Q2 2025 results, with overall EBITDA up 15%. Jio’s EBITDA grew 18%, driven by strong customer additions in mobility and homes. Reliance Retail saw EBITDA growth of nearly 17%. The company is progressing well in its New Energy initiatives, with solar and battery factories set to commence production next year. Reliance continues to invest heavily in AI and digital infrastructure. Jio Platforms reported operating revenue of ₹36,332 Crores.
Financial Performance Highlights
Reliance Industries reported a strong performance across its businesses in Q2 2025. Key highlights include:
- Overall EBITDA increased by 15%.
- PAT (pre-minority numbers) up 14%.
- Strong performance in digital services and retail sectors.
Jio Platforms Update
Jio Platforms continues to demonstrate its ability to develop and implement technology at scale. Key metrics include:
- 506 million subscribers.
- 8.3 million net additions in subscribers during the quarter.
- 234 million 5G users.
- 23 million fixed broadband connected premises, with 3 million net adds this quarter.
- Connectivity business revenue stands at ₹36,000 Crores plus with a 52% EBITDA margin.
Reliance Retail Growth
Reliance Retail continues to expand its footprint and offerings:
- EBITDA growth of nearly 17%.
- Revenue increased by approximately 18%.
- Added 400+ new stores during the quarter.
- JioMart’s Quick Commerce offering is now available in 5000+ pin codes across 1000+ cities.
O2C Business Performance
- Revenue increased by 3.2%.
- EBITDA increased by 20.9%.
- Margin increased by 130 basis points.
New Energy Initiatives
Reliance is making significant strides in its New Energy business, including:
- Progressing towards producing renewable energy and green chemicals.
- Setting up renewable energy around-the-clock power plants in Kutch.
- Electrolyzer gigafactories are under development to produce green hydrogen.
- Solar PV module factory is starting up.
- Battery cell gigafactories will be starting up early next year.
AI and Digital Transformation
Reliance is investing heavily in Artificial Intelligence:
- Creating Reliance Intelligence as a 100% subsidiary of RIL.
- Developing AI capabilities, infrastructure and solutions for Indian consumers and enterprises.
- Partnering with Meta to develop solutions for enterprises.
Source: BSE