Reliance Industries Share Price Today: RIL Stock Jumps 3% After Q3 Results - Details

Reliance Industries Limited (RIL) saw its share price surge by more than 4% on January 17, following the announcement of its Q3 FY25 results on January 16.

On the BSE , the stock opened at Rs 1,325.10, reaching the same as its intraday high. This marked a sharp rise from the previous close of Rs 1,268.70.

Key Financial Highlights
Net Profit: RIL reported a 7% year-on-year (YoY) growth in net profit, amounting to Rs 18,540 crore.
Revenue: Revenue rose by 7% YoY to Rs 2.43 lakh crore.
Operating Profit (EBITDA): EBITDA grew by 8% to Rs 48,003 crore, with margins improving by 10 basis points to 18%.
Debt: While depreciation increased by 2% and finance costs by 7% due to higher debt, net debt levels remained stable.

Digital Business Drives Growth
Jio Platforms, RIL’s digital services arm, demonstrated remarkable growth:
Net Profit: Up 26% YoY to Rs 6,861 crore.
Revenue: Increased by 19% to Rs 38,750 crore.
ARPU: Average revenue per user rose to Rs 203.3, reflecting higher subscriber upgrades to 5G networks.
“Robust growth in the digital services business was led by sustained subscriber addition and consistent improvement in customer engagement metrics. This was well supported by a favorable subscriber mix, with an increasing number of users upgrading to 5G networks,” said Mukesh D. Ambani, Chairman and Managing Director of Reliance Industries.

Retail Momentum Amid Festive Demand
The retail segment capitalized on increased consumption during the festive season, contributing to the company’s solid performance.