Reliance Industries Ltd (NSE:RELIANCE) posted robust Q1 results as Jio’s ARPU rose to ₹215.6 with 533.3M subscribers (285M on 5G) driving revenue ₹45,961cr and PAT ₹7,764cr, while O2C EBITDA is seen up ~12–20% QoQ on stronger refining, petrochemical spreads and SEZ gains.

Previous Week Recap

  • Reliance Jio Q1 Revenue, ARPU Rise; 533.3M Subs: RELIANCE: Jio reported Q1 ARPU ₹215.6, 533.3M subscribers (+8.9M QoQ), revenue ₹45,961 crore, EBITDA ₹20,865 crore (53.3% margin), PAT ₹7,764 crore, 285M 5G subs, 69.4B GB data.
  • Reliance O2C EBITDA Outlook Higher: RELIANCE O2C EBITDA expected up about 12–20% YoY for June quarter on stronger refining margins, wider petrochemical spreads and SEZ refinery gains; broker forecasts vary within that range.

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