RELIANCE

Reliance Industries is India's largest private-sector conglomerate with leadership across energy, petrochemicals, telecom, retail, digital services, and new energy. The company benefits from diversified earnings, strong cash generation, and dominant market positions through Jio Platforms Limited and Reliance Retail Ventures Limited. FY25 revenue exceeded ₹10 lakh crore, EBITDA was over ₹1.8 lakh crore, and PAT surpassed ₹80,000 crore, supported by resilient consumer businesses and steady O2C performance. Latest News: Reliance continues to accelerate investments in solar manufacturing, battery storage, green hydrogen, and AI infrastructure while expanding Jio's 5G and digital ecosystem. Retail operations continue to grow through store expansion, e-commerce, and premium consumer offerings, strengthening the company's diversified growth profile. Corporate Actions: Reliance has approved a 1:1 bonus issue, doubling shareholders' equity holdings while maintaining its focus on long-term capital allocation and growth investments. With leadership across consumer, digital, and energy businesses, a strong balance sheet, and significant exposure to India's consumption and energy-transition themes, Reliance remains well-positioned for sustained long-term value creation, although commodity price movements and execution of new energy projects remain key risks.