Key figures 

■   Annual consolidated revenue- Rs 10.71 lakh crore.

■   EBDITA of Rs 1,83,422 crores and a net profit of Rs 81,139 crores.

■   Exports- Rs 2,83,719 crore.

■   Corporate Social Responsibility (CSR) spending Rs 2156 crores

■   Jio reported a 17% year-on-year revenue growth to Rs 1,28,218 crore and EBITDA of Rs 64,070 crore in FY25.

metro india news  I mumbai

Reliance Industries Limited (RIL) Chairman Mukhesh Ambani announced on Friday that RIL is the first Indian company to surpass $125 billion in annual consolidated revenue, reaching Rs 10.71 lakh crore for the Financial Year 2024-25. Addressing RIL’s 48th Annual General Meeting (AGM) on Friday, he made significant announcements about its financial achievements and future plans. The meeting was attended by the company’s board of directors, key managerial personnel, auditors, and shareholders. RIL Chairman Mukhesh Ambani highlighted the company’s financial performance for the fiscal year ending March 31, 2025.

The company reported an Earnings Before Interest Taxation Depreciation and Amortization (EBITDA) of Rs 1,83,422 crore and a net profit of Rs 81,139 crore. RIL’s exports stood at Rs 2,83,719 crore, contributing 7.6% to India’s total merchandise exports. Over the past three years, RIL invested Rs 5.6 lakh crore and contributed Rs 2,10,269 crore to the national exchequer in FY25 alone, with a cumulative contribution exceeding Rs 10 lakh crore over six years. The company’s commitment to social impact was evident in its Corporate Social Responsibility (CSR) spending, which rose to Rs 2,156 crore in FY25, with cumulative CSR expenditure over the last three years surpassing Rs 5,000 crore.

Employment and innovation

Reliance emphasized its role as one of India’s largest job creators, with a workforce of 6.8 lakh people, projected to exceed 10 lakh in the coming years. The company is adapting to global employment trends by integrating AI and automation, offering flexible engagement models that prioritize upskilling, entrepreneurial opportunities, and job satisfaction. RIL is transforming into a deep-tech company, embedding artificial intelligence (AI) across its businesses—retail, telecom, energy, and entertainment. The Chairman described AI as “the new Kamadhenu,” a divine force driving productivity and human potential. Reliance is also advancing in clean energy and genomics, positioning itself to lead India into a new era of abundance and affordability.

Jio’s Milestone Achievements and IPO Announcement

The AGM spotlighted Jio’s remarkable journey as it approaches its 10th anniversary. Jio has grown to serve over 500 million customers, revolutionizing India’s digital landscape by offering free voice calls, affordable data, and nationwide 5G rollout—the fastest in the world. These efforts have supported India’s digital public infrastructure, including Aadhaar, UPI, and Jan Dhan, and fostered the growth of India’s startup ecosystem, now the world’s third-largest with over 100 unicorns.

Jio reported a 17% year-on-year revenue growth to Rs 1,28,218 crore and an EBITDA of Rs 64,070 crore in FY25. In a landmark announcement, the Chairman revealed that Jio is preparing for an Initial Public Offering (IPO) in the first half of 2026, subject to regulatory approvals. The IPO is expected to position Jio as a global leader, creating significant value for investors.

Vision for the Future

The Chairman outlined Jio’s ambitious plans, including connecting every Indian through mobile and home broadband, digitizing businesses with scalable platforms, and leading India’s AI revolution with the motto “AI everywhere for everyone.” Jio also aims to expand its proprietary technology globally. Reliance’s broader vision aligns with India’s rise as a global economic powerhouse. The Chairman expressed confidence in India’s potential to achieve 10% annual GDP growth, driven by reforms, advanced manufacturing, and deep-tech innovations.

He emphasized an “India-first” development model that harmonizes technology, democracy, and culture to ensure prosperity, security, and environmental sustainability for all 1.5 billion Indians. As the meeting concluded, shareholders were invited to review the company’s annual report and auditor’s reports, which contained no qualifications or adverse remarks. Akash Ambani, spearheading Jio, was set to share further details on the company’s digital initiatives, signaling an exciting future for Reliance and its stakeholders.