Reliance Q3 Net Profit Hits ₹18,645 Crore, Driven by O2C and Digital Growth

• Reliance Industries Ltd (RIL) reported a consolidated net profit of ₹18,645 crore in Q3, up from ₹18,165 crore last quarter and ₹18,540 crore a year ago.
• The strong performance was primarily fueled by its Digital Services and Oil-to-Chemicals (O2C) businesses.
• O2C segment revenue reached ₹1.62 lakh crore, with EBITDA increasing to ₹16,507 crore due to stronger transportation fuel cracks and improved refining margins.
• Reliance Retail saw revenue rise to ₹97,912 crore, driven by network expansion and omni-channel growth, despite festive demand spread and portfolio realignment.
• Jio Platforms added nearly 9 million subscribers, reaching 515.3 million users, with ARPU improving to ₹213.7 and net profit growing 11.3% YoY to ₹7,629 crore.

Why It Matters: RIL's Q3 profit surged to ₹18,645 crore, showcasing robust growth in O2C and digital sectors.