Hitting the Bull's Eye: Reliance Industries' Share Price Soars, Eyeing Retail Profitability in Half a Year
Retail profits propel Reliance Industries' stock upward significantly during the day
Get ready to ride the wave, folks! The shares of Reliance Industries took off like a rocket on May 2, touching an exciting high of Rs 1,426.70 on the National Stock Exchange. This stock played a starring role in the Nifty 50's early trade surge. And guess what? It's not just a one-day wonder. This blue-chip dynamo has been on a roll, gaining nearly 10% this week following impressive numbers and a renewed focus on turning the retail business profitable.
Reliance Retail Aiming for Profitability in the Next 6-12 Months
When it comes to retail, Reliance is setting its sights high. Their ambitious plan? Making every upcoming store profitable within a mere 6 to 12 months. If success eludes them, they've promised a masterstroke: either closing down underperforming stores or switching out the retail format [ET].
The Market Roars, Reliance Industries Stands Tall
The Nifty 50 has seen some impressive growth, with a record high of 24,589.15 in Friday's trade. And as usual, Reliance Industries has been leading the charge, thanks to its stellar quarterly earnings and the company's commitment to maximizing retail profitability.
Jio Financial Services: On a Stellar Rise
It's not just Reliance Industries that's climbing the charts. Jio Financial Services has also picked up speed, with the stock shooting up 30.76% from its record low level of Rs 198.60 [hit on March 3, 2025].
Reliance Industries' Q4 Results: Stepping Up the Game
The company's Q4 consolidated net profit stood at a robust Rs 19,407 crore, recording a 2.4% increase Year-over-Year (YoY). Additionally, Reliance Industries has declared a dividend of Rs 5.5 per equity share for FY25. In terms of revenue, the company reported a shift from Rs 2.4 lakh crore in the last quarter of FY24-25 to Rs 2.6 lakh crore in Q4FY25-25.
Revisiting the Past: A Closer Look at Reliance Industries' Q3 Results
In Q3FY25, Reliance Industries saw a 7% YoY increase in consolidated net profit, hitting Rs 18,540 crore. The company's operational revenue grew by 6.7 YoY to Rs 2.43 lakh crore. Notably, the consolidated revenue in the third quarter of FY25 increased 6.7% YoY to Rs 2.40 lakh crore as against Rs 2.25 lakh crore in Q3FY25.
Reliance Industries' Share Price: A Year of Gains and Losses
Over the past five trading days, Reliance Industries' share prices have risen 6.5%. In the last month alone, the stock has given investors a return of 13.4%, and a return of 9% in the past six months. However, it's not all been smooth sailing; the share price has taken a 3.4% dip in the last one year.
In the backdrop of strong earnings, favorable market conditions, and brokers' continued optimism, Reliance Industries is on track to keep its growth story going. And when it comes to Reliance Retail, their strategies revolve around digital expansion, quick commerce, and integration/diversification, all aimed at capturing a larger slice of the booming Indian retail market.
- The soaring share price of Reliance Industries on May 2, reaching Rs 1,426.70 on the National Stock Exchange, has caught the attention of investors, making it a prime choice for trading.
- As the Nifty 50 hit a record high of 24,589.15 on Friday, Reliance Industries remains a leading player in the market, buoyed by its impressive quarterly earnings and focus on retail profitability.
- Jio Financial Services, another company under Reliance Industries, has also seen a significant increase in value, with a surge of 30.76% from its record low.
- In the latest quarterly results, Reliance Industries reported a 2.4% increase in net profit Year-over-Year, alongside a shift in revenue from Rs 2.4 lakh crore to Rs 2.6 lakh crore and the declaration of a Rs 5.5 dividend for FY25.
- Looking back at Q3 results, Reliance Industries saw a 7% YoY increase in consolidated net profit, with operational revenue growing by 6.7 YoY to Rs 2.43 lakh crore.
- The share price of Reliance Industries has shown a promising trend over the past six months, giving investors a 9% return, but it has also suffered a 3.4% dip in the past year.
- With digital expansion, quick commerce, and integration/diversification strategies, Reliance Retail aims to capture a larger share in the booming Indian retail market, with a goal of making every upcoming store profitable within 6 to 12 months.
