Archive · 18 Jul 2025
Reliance, Jio, and IOB Post Strong Q1 Earnings
Reliance Industries, a large Indian company, made a lot more money in the first quarter of the year.
Their profit went up because of selling some shares and because their stores and digital services did well.
The stores, like Reliance Retail, made more money and opened new ones.
Also, the telecom company, Jio, had more customers and made more money from each customer.
A bank called Indian Overseas Bank also did well, making more profit because they didn't have to set aside as much money for potential losses, and earned more from other sources.
In short, it was a good quarter for these businesses.
Reliance Industries' Q1 net profit surged 78% to Rs 26,994 crore, fueled by gains from Asian Paints stake sale and growth in retail and digital services.
Revenue for the quarter rose 5.3% to Rs 2.49 lakh crore, driven by strong performances in retail and digital services.
Reliance Retail Ventures' revenue increased 11.3% to Rs 84,171 crore, with net profit rising 28.3% to Rs 3,271 crore.
Jio Platforms reported a 19% rise in revenue to Rs 35,032 crore, with net profit up 25% to Rs 7,110 crore and over 200 million 5G subscribers.
Indian Overseas Bank's net profit jumped 76% to Rs 1,111 crore due to lower provisions and increased other income.
- Who
- Reliance Industries Limited (RIL), Reliance Retail, Jio Platforms, and Indian Overseas Bank (IOB)
- What
- Financial results of Reliance Industries and subsidiaries.
- When
- Q1 of FY26 (April-June 2025)
- Where
- India
- Why
- To report the financial performance of the companies to the public and investors.
- RIL Net Profit
- Rs 26,994 crore
- RIL Revenue
- Rs 2.49 lakh crore
- Reliance Retail Revenue
- Rs 84,171 crore
- Reliance Retail Net Profit
- Rs 3,271 crore
- Jio Platforms Revenue
- Rs 35,032 crore
- Jio Platforms Net Profit
- Rs 7,110 crore
- IOB Net Profit
- Rs 1,111 crore
- Jio 5G Subscribers
- 213 million
Sources
Q1 Results Today Live: IOB Q1 profit jumps, Hindustan Zinc profit dips, Reliance Industries, JSW Steel, Hatsun, Mastek, Bandhan Bank among companies to announce results today, Wipro lead gainers post
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Reliance Industries reports highest ever Q1 net profit of Rs 26,994 cr
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RIL beats estimates, profit up 78% to 26,994 crore
Reliance Retail profit up 28%, revenue rises 11%
Reliance Jio Q1 results 5G home broadbarnd Arpu growth
Indian Overseas Bank profit surges 76% as provisions fall, other income improves
