Reliance Industries Q2 2025 Earnings Preview: Strong Growth on the Horizon
Subtitle: Analysts forecast robust revenue of ₹2.46 trillion and an EPS of ₹17.83, underscoring the conglomerate's sustained momentum across its diverse sectors.
MUMBAI, India – All eyes are on Reliance Industries Ltd. (RIL) as the market anticipates the release of its second-quarter earnings for fiscal year 2025, expected around October 17. Analyst estimates paint a positive picture for the Indian multinational conglomerate, signaling continued strength and resilience in its operations.
Market consensus points to a strong quarterly performance, with revenue projected to reach an impressive ₹2.46 trillion. Furthermore, the Earnings Per Share (EPS) is estimated at ₹17.83, a key indicator of the company’s profitability that investors will be watching closely.
These optimistic forecasts reinforce Reliance’s dominant position in the Indian market. The company, led by CEO Mukesh Dhirubhai Ambani, currently boasts a staggering market capitalization of ₹19.08 trillion, making its financial health a significant barometer for the broader Indian economy.
The anticipated growth is a testament to RIL’s successful diversification strategy. While its foundation lies in the Energy Minerals sector with its core Oil to Chemicals (O2C) business, the company’s expansion into high-growth areas has been a key driver of value. Its major segments include:
Oil to Chemicals (O2C): The traditional powerhouse, encompassing refining, petrochemicals, and fuel retailing.
Digital Services: Led by Jio, this segment has transformed India’s telecommunications landscape.
Retail: A rapidly expanding arm that includes a vast network of consumer retail stores and services.
Financial Services: A newer vertical focused on non-banking financial services and insurance broking.
This multi-pronged approach allows Reliance to capture growth across different economic cycles, providing stability and multiple avenues for expansion.
A look at the company’s trailing twelve months (TTM) data further solidifies its robust financial standing. With a Basic EPS (TTM) of ₹60.25 and a full-year net income of ₹696.48 billion on revenue of ₹9.65 trillion, RIL has demonstrated consistent and large-scale profitability. The company’s Price to Earnings (P/E) ratio of 23.40 indicates healthy investor confidence in its future earnings potential.
As the October reporting date nears, investors and market analysts will be looking for the official results to confirm these strong estimates. Beyond the headline numbers, management’s commentary on the future outlook for its digital, retail, and green energy initiatives will be critical in shaping the company’s narrative for the remainder of the fiscal year.
