Reliance Industries Limited (RIGD) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening and welcome to the first quarter financial year 2024-2025 financial resource presentation of Reliance Industries. As always we will have Srikanth walk you through the consolidated performance followed by Anshuman Thakur, who will give you the overview of Jio's performance, Dinesh Dhaduja on retail, Sanjay Roy on ELP, then Srikanth will come back to talk about O2C and summarize our performance. Over to you, Srikanth. Thanks, Renu, and good evening to all of you. Starting with the performance, EBITDA at 42,748, up 2% year-on-year. This is important for me to say that the growth in consumer business and strong upstream offset we go to see. On retail, we have seen a growth led by grocery and consumer electronics and also improvements in the overall customer engagement, as well as on contribution from digital channels. On the digital side, benefits coming from healthy subscriber addition, and also increasing FTTH penetration. Overall, on the O2C side, we will see it later on, but, you know, clearly declining fuel cracks and challenging downstream margin environment. In oil and gas, led by high volumes, which was offset a little bit by lower price realization. So for us, the diversified portfolio helped deliver this performance, with consumer being more than half of the overall earnings. Specifically on retail, you can see revenues at almost 76,000 crores, EBITDA about 5,700 crores. They are up about 8% and about 10.5%. Overall PAT at 2,549, up close to 5%. And you can see some of the operational metrics like footfall, 296 million, up 19%. Registered customer base at 316, up 18%. When you look at revenue and EBITDA growth, it includes the fact that we had a strong consumer electronics, you know, business growth, specifically ACs and refrigerators and TV. We al...