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Forward-looking statements are based on certain assumptions and expectations of future events. The companies referred to in this presentation cannot guarantee that these assumptions and expectations are accurate or will be realized. The actual results, performance or achievements, could thus differ materially from those projected in any such forward-looking statements. These companies assume no responsibility to publicly amend, modify or revise any forward looking statements, on the basis of any subsequent developments, information or events, or otherwise.
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Consolidated Financial Results
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1Q FY22 - Key Highlights
Record quarterly EBITDAled by strong operating performance from O2C and Digital Services
Consolidated EBITDA at ₹ 27,550 crore, up 27.6% YoY
Net profitat ₹ 13,806 crore up 66.7% YoY, with normalised tax provision
O2C- Fourth sequential quarter of growth, significantly lower impact of second wave on demand and margins
Demand recovery on track to achieve pre-covid levels in 1-2 quarters
Retail- Impacted by restricted store operations
Ramped up digital commerce to serve customer needs
Digital Services- Good traction in subscriber addition and data usage, unaffected by second wave
Superior network, high customer engagement aiding traction
Oil & Gas- Turnaround led by ramp-up in KG D6 production
All strategic growth initiatives on course
Resilient business model with multiple growth engines mitigates second wave impact
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Consolidated Financial Results : 1Q FY22
Change
Change
(₹ crore)
1Q FY22
4Q FY21
QoQ
1Q FY21
YoY
Revenue
158,862
172,095
-7.7%
100,929
57.4%
EBITDA
27,550
26,602
3.6%
21,585
27.6%
Finance Cost
3,397
4,044
-16.0%
6,735
-49.6%
Depreciation
6,883
6,973
-1.3%
6,308
9.1%
PBT
17,270
16,382
5.4%
13,508
27.9%
Tax
3,464
1,387
149.7%
260
-
Net Profit (Pre-excep)
13,806
14,198
-2.8%
8,282
66.7%
Net Profit
13,806
14,995
-7.9%
13,248
4.2%
Standalone net profit at ₹ 8,595 crore, up 76.2% YoY
YoY strong rebound in Revenues and Profits
QoQ revenues impacted by curtailed Retail operations
Better realization aided O2C, Oil & Gas benefited from KG D6 ramp-up
QoQ EBITDA improvement led by O2C, Digital Services and Oil & Gas, offsetting Retail weakness
Further reduction in finance charges with repayment of liabilities and proactive optimisation of liability cost
Reliance Industries Ltd. published this content on 23 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 July 2021 19:37:02 UTC.
Reliance Industries Ltd is a diversified group organized around 6 areas of activity:
- refining of petroleum products (58.4% of net sales): liquefied petroleum gas, propylene, naphtha, gasoline, kerosene, etc. At the end of March 2021, the group operated a refinery in India. The group also produces petrochemicals (polyethylene, polypropylene, polyvinyl chloride, polyester, purified terephthalic acid, paraxylene, ethylene, olefins, benzene, butadiene, acrylonitrile and caustic soda);
- distribution of consumer products (28.3%): distribution of food products, clothing and accessories, consumer electronics, etc. through a network of 12,711 stores in India;
- digital services (5.1%);
- exploration and production of crude oil and natural gas (0.3%);
- financial services (0.2%);
- other (7.7%): telecommunications and media services, textile manufacturing, etc.
India accounts for 61.5% of net sales.
RELIANCE INDUSTRIES LTD 
