Reliance Industries Limited (NSE:RELIANCE)

Reliance Industries Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	10,112,950	9,646,930	9,010,640	8,778,350	6,959,630	4,669,240
Revenue Growth (YoY)	9.34%	7.06%	2.65%	26.13%	49.05%	-21.86%
Cost of Revenue	6,402,460	6,296,890	5,853,430	5,884,830	4,729,920	2,927,010
Gross Profit	3,710,490	3,350,040	3,157,210	2,893,520	2,229,710	1,742,230
Selling, General & Admin	295,620	285,590	256,790	248,720	187,580	148,170
Other Operating Expenses	1,543,690	1,410,360	1,274,350	1,216,990	951,920	793,290
Operating Expenses	2,388,490	2,227,310	2,039,460	1,868,740	1,437,320	1,207,180
Operating Income	1,322,000	1,122,730	1,117,750	1,024,780	792,390	535,050
Interest Expense	-240,490	-221,210	-217,720	-189,580	-144,380	-179,070
Interest & Investment Income	129,140	129,140	108,340	112,780	125,700	104,050
Earnings From Equity Investments	3,510	5,220	3,870	240	2,950	5,160
Currency Exchange Gain (Loss)	-16,690	-16,690	-12,920	-9,520	-5,690	-25,040
Other Non Operating Income (Expenses)	47,740	47,740	50,600	3,320	23,560	58,570
EBT Excluding Unusual Items	1,245,210	1,066,930	1,049,920	942,020	794,530	498,720
Gain (Loss) on Sale of Assets	-1,540	-1,540	-2,650	-1,560	-1,350	-530
Pretax Income	1,243,670	1,065,390	1,047,270	940,460	793,180	498,190
Income Tax Expense	269,510	252,300	257,070	203,760	159,700	17,220
Earnings From Continuing Operations	974,160	813,090	790,200	736,700	633,480	480,970
Earnings From Discontinued Operations	-	-	-	4,180	16,610	-
Net Income to Company	974,160	813,090	790,200	740,880	678,450	537,390
Minority Interest in Earnings	-143,100	-116,610	-93,990	-73,860	-71,400	-46,110
Net Income	831,060	696,480	696,210	667,020	607,050	491,280
Net Income to Common	831,060	696,480	696,210	667,020	607,050	491,280
Net Income Growth	22.36%	0.04%	4.38%	9.88%	23.57%	24.84%
Shares Outstanding (Basic)	13,533	13,532	13,532	13,531	13,196	12,866
Shares Outstanding (Diluted)	13,534	13,532	13,532	13,532	13,363	13,064
Shares Change (YoY)	0.01%	-0.00%	0.00%	1.26%	2.29%	4.67%
EPS (Basic)	61.41	51.47	51.45	49.30	46.00	38.19
EPS (Diluted)	61.41	51.47	51.45	49.29	45.43	37.60
EPS Growth	22.35%	0.04%	4.37%	8.51%	20.80%	19.27%
Free Cash Flow	570,990	387,360	59,050	-259,560	105,090	-788,790
Free Cash Flow Per Share	42.19	28.63	4.36	-19.18	7.86	-60.38
Dividend Per Share	-	5.500	5.000	4.500	4.000	3.500
Dividend Growth	-	10.00%	11.11%	12.50%	14.29%	7.69%
Gross Margin	36.69%	34.73%	35.04%	32.96%	32.04%	37.31%
Operating Margin	13.07%	11.64%	12.40%	11.67%	11.39%	11.46%
Profit Margin	8.22%	7.22%	7.73%	7.60%	8.72%	10.52%
Free Cash Flow Margin	5.65%	4.01%	0.66%	-2.96%	1.51%	-16.89%
EBITDA	1,821,700	1,604,610	1,626,070	1,427,810	1,090,210	800,770
EBITDA Margin	18.01%	16.63%	18.05%	16.27%	15.67%	17.15%
D&A For EBITDA	499,700	481,880	508,320	403,030	297,820	265,720
EBIT	1,322,000	1,122,730	1,117,750	1,024,780	792,390	535,050
EBIT Margin	13.07%	11.64%	12.40%	11.67%	11.39%	11.46%
Effective Tax Rate	21.67%	23.68%	24.55%	21.67%	20.13%	3.46%
Revenue as Reported	10,447,160	9,981,140	9,305,290	9,030,450	7,325,780	5,026,530

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.