Shares of Reliance Industries Ltd (RIL) rose nearly 4 percent on Monday, closing at ₹1,466.80 on the BSE after the company reported a 9.6 percent year-on-year increase in net profit for the September quarter. This growth was attributed to robust performances in its retail and telecom sectors, alongside a rebound in its core oil-to-chemicals division.
During intraday trading, the stock reached a high of ₹1,473.55, ultimately settling with a gain of 3.52 percent on the BSE. At the NSE, shares climbed by 3.60 percent to close at ₹1,467.90.
The company’s market capitalization surged by ₹67,459.38 crore, bringing its total valuation to ₹19,84,943.09 crore. This uptrend in Reliance shares also positively influenced the broader equity markets, with the 30-share BSE Sensex increasing by 411.18 points, or 0.49 percent, to settle at 84,363.37, and the 50-share NSE Nifty rising by 133.30 points, or 0.52 percent, to reach 25,843.15.
For the July-September period, RIL reported a consolidated net profit of ₹18,165 crore, up from ₹16,563 crore in the same quarter the previous year, according to a company statement released on Friday. However, this figure reflects a 33 percent decline from ₹26,994 crore reported in the preceding April-July quarter.
Significant factors contributing to the quarterly results included strong customer growth and increased revenue per user in its telecom services, which achieved a 13 percent year-on-year gain in earnings. Meanwhile, the retail segment experienced a 22 percent increase in earnings, bolstered by improvements in store operations. The oil-to-chemicals (O2C) segment benefited from improved refining margins and record crude processing levels.
Notably, Jio Platforms Ltd, the subsidiary responsible for the telecom and digital ventures, reported a 13 percent increase in profits, totaling ₹7,379 crore for the second quarter.
Published on October 20, 2025.