Credited from: INDIATIMES
NEW DELHI: In a significant fiscal update, Reliance Industries Ltd reported a **12% rise** in its quarterly profit for Q3 FY25, amounting to **Rs 21,930 crore** ($2.6 billion). The growth was primarily driven by a rebound in retail sales and increased earnings within its telecom division, reflecting a robust demand in the market. This quarterly report exceeds analysts' expectations, bolstered by a revenue increase to over **Rs 2.4 lakh crore**, compared to **Rs 2.27 lakh crore** from the same period last year, according to filings made by the company to the stock exchange. The quarter ending December 2024 marked a clear improvement for Reliance's operational segments. Its digital services business, **Jio**, reported a remarkable **17% growth in operating profit** to **Rs 16,640 crore**, spurred by a higher subscriber base and increased tariff rates. Notably, Jio’s average revenue per user (ARPU) rose to **Rs 203**, a 12% increase from the previous year. The retail business also played a vital role, with operating profit climbing to **Rs 6,840 crore**, further amplified by increased customer engagement and festive season demand. In the broader scope, total expenses saw a 7% increase, amounting to approximately **Rs 2.1 lakh crore**. Reliance's oil-to-chemicals (O2C) segment reported a modest **2% increase** in operating profit, reflecting its operational flexibility amid fluctuating global energy markets. Chairman Mukesh Ambani commented on the company's resilience, attributing robust digital service growth to sustained subscriber additions and an upward trend in 5G adoption. For further details, refer to the original articles from [India Times](https://timesofindia.indiatimes.com/business/india-business/reliance-q3-net-rises-7-4-on-rebound-in-retail-higher-telecom-earnings/articleshow/117304696.cms) and [India Times](https://timesofindia.indiatimes.com/business/india-business/rils-q3-profit-rises-12-to-rs-22k-cr-on-retail-boost/articleshow/117313731.cms).