RIL Q4 Results FY22-23: Reliance Industries Ltd. (RIL) has achieved a record-breaking annual EBITDA of ₹150,000 crore ($18.22 billion) and a consolidated profit after tax of ₹74,088 crore ($9.0 billion) in Q4 of the financial year 2022-23.
The company’s 5G rollout coverage has extended across more than 2,300 cities/towns. Its retail division has opened over 3,300 new stores, taking its total area to 65.6 million square feet. RIL Q4 results highlight RIL’s strong business performance, led by excellence in operations, optimized feedstock costs, and supportive product margins.
Key Takeaways of RIL Q4 Results
Annual EBITDA Crosses ₹150,000 Crore
- RIL’s annual EBITDA has crossed the benchmark of ₹150,000 crore for the first time in Q4 of FY22-23
- This achievement represents a significant milestone in the company’s financial performance
- The figure is up from ₹125,687 crore in the previous year, demonstrating RIL’s continued growth and success
Consolidated Profit After Tax
- RIL’s consolidated profit after tax for Q4 of FY22-23 is ₹74,088 crore, a 14% increase YoY
- This record-breaking figure is a testament to the company’s strong financial management and growth strategies
- The company has been able to achieve this growth despite challenges posed by the pandemic and economic uncertainties
Quarterly Consolidated EBITDA
- RIL’s quarterly consolidated EBITDA for Q4 of FY22-23 is ₹41,389 crore, a 21.8% increase YoY
- This record-breaking figure reflects the company’s strong business performance and continued growth
- RIL’s focus on operational excellence and innovation has helped it to achieve this success
5G Rollout Coverage
- RIL’s 5G rollout coverage has extended across more than 2,300 cities/towns in India
- This achievement is a significant step in India’s digital transformation and positions RIL as a leader in the telecommunications industry
- The company’s investment in 5G technology and infrastructure is expected to generate significant growth opportunities in the future
Reliance Retail’s Store Opening
- Reliance Retail has accelerated its store opening program, opening over 3,300 new stores in Q4 of FY22-23
- This expansion has taken the total area of Reliance Retail to 65.6 million square feet, a significant increase from the previous year’s figures
- The company’s focus on retail innovation and customer experience has helped it to achieve this growth
Total Area of Reliance Retail
- The total area of Reliance Retail has increased to 65.6 million square feet in Q4 of FY22-23
- This expansion represents a significant growth opportunity for the company in the retail industry
- Reliance Retail’s investment in technology and
O2C Division Performance
- RIL’s O2C division has performed strongly in Q4 of FY22-23 due to excellence in operations, optimized feedstock costs, and supportive product margins
- The company’s focus on operational efficiency and sustainability has helped it to maintain a competitive edge in the industry
- RIL’s commitment to innovation and technology has enabled it to adapt to changing market conditions and customer demands
Key Achievements in FY22-23
- RIL has achieved significant milestones in FY22-23, including a record-breaking annual EBITDA of ₹150,000 crore and consolidated profit after tax of ₹74,088 crore
- The company’s 5G rollout coverage has extended across more than 2,300 cities/towns, and its retail division has opened over 3,300 new stores, taking its total area to 65.6 million square feet
- RIL’s O2C division has performed strongly due to excellence in operations, optimized feedstock costs, and supportive product margins
RIL Share Price
NSE: RELIANCE: One of the most valuable firms in India is Reliance Industries Limited (RIL). Both analysts and investors keep a careful eye on its share price. RIL’s 52-week low as of 20-Mar-2023 was ₹2,180.00, and its 52-week high was ₹2,856.15 on 29-Apr-2022. Right now, RIL’s stock on the NSE is trading at ₹2,351.00.
RIL’s market capitalization is staggering ₹15,90,59,043.38 lakhs, with a free float market cap of ₹7,94,60,671.55 lakhs. RIL has expanded its business to operate as an integrated force in the energy, materials, retail, entertainment, and digital services sectors.
The company’s vision and commitment to quality have helped it become a global leader in several of its industries.
Investors closely watch RIL’s share price as it has the potential to significantly impact the Indian economy. The company’s strong business performance and growth have attracted investors over the years, resulting in an increase in its share price.
RIL has consistently demonstrated its commitment to innovation, technology, and sustainability, which has helped it maintain a competitive edge in the industry. Its strong financials and market position make it an attractive investment opportunity for those looking to invest in the Indian stock market.
As the Indian economy continues to grow, RIL’s share price is expected to remain a key focus for investors and analysts. With its solid foundation and track record of success, RIL is well-positioned to continue its growth trajectory and deliver value to its shareholders.
Conclusion
RIL’s Q4 results showcase the company’s ability to thrive in a challenging economic environment, thanks to its commitment to innovation, technology, and sustainability. In FY22-23, RIL’s strong performance has positioned it as a leader in the telecommunications, retail, and energy industries, providing a solid foundation for future growth and success. RIL’s focus on innovation and sustainability positions the company to continue driving growth and delivering value to its stakeholders for years to come.
Source: Comapany website
Image credit: Google
