Ril Q4 Results: Anant Ambani Appointed Whole-time Director At Reliance Industries For Five-year Term

Reliance Industries Ltd (RIL) connected Friday announced nan assignment of Anant M. Ambani, nan youngest boy of Chairman Mukesh Ambani, arsenic a whole-time head of nan company. His appointment, approved by nan committee based connected nan proposal of nan Human Resources, Nomination, and Remuneration Committee, will beryllium for a five-year word starting May 1, 2025, taxable to shareholder approval, nan institution said successful a banal speech filing.

Anant Ambani has truthful acold served arsenic a non-executive head connected Reliance’s committee and will now measurement into a much progressive executive domiciled astatine India’s largest institution by marketplace value. In summation to his domiciled astatine RIL, Anant is connected nan boards of respective Reliance group entities, including Jio Platforms (since March 2020), Reliance Retail Ventures (since May 2022), and Reliance New Energy and Reliance New Solar Energy (since June 2021). He besides serves arsenic a committee personnel of nan Reliance Foundation since September 2022.

The move further strengthens nan Ambani family's engagement crossed cardinal businesses. Akash Ambani and Isha Ambani, Anant’s siblings, are already non-executive board connected RIL’s board. Akash chairs Reliance Jio Infocomm, nan group’s telecom and integer services arm, while Isha is an executive head astatine Reliance Retail Ventures Ltd.

Anant Ambani, a postgraduate of Brown University successful nan United States, is known for his heavy committedness to animal welfare. He is actively engaged successful initiatives focused connected nan rehabilitation and attraction of at-risk animals, reflecting his individual passion alongside his increasing firm responsibilities.

RIL Q4 results and dividend

Reliance Industries Ltd (RIL) reported a 2.4% summation successful consolidated nett profit for nan 4th ending March 31, 2025. The company's nett profit stood astatine Rs 19,407 crore, compared to Rs 18,951 crore successful nan aforesaid 4th a twelvemonth ago.

Revenue for nan 4th saw a 9.91% increase, reaching Rs 2,64,573 crore from Rs 2,40,715 crore successful nan corresponding 4th past year. Analysts had anticipated a alteration of 5-6% successful sales.

Ebitda for nan 4th was recorded astatine Rs 48,737 crore, up by 3.6% from Rs 47,050 crore successful nan aforesaid 4th of nan erstwhile year.

RIL's nett indebtedness for nan 4th was reported astatine Rs 1,17,083 crore, higher than nan Rs 1,15,465 crore successful December and Rs 1,16,281 crore successful nan year-ago quarter. Cash & rate equivalents amounted to Rs 2,30,447 crore, down from Rs 2,34,988 crore sequentially.

The institution declared a dividend of Rs. 5.50 per equity stock of Rs 10/- each for nan financial twelvemonth ending March 31, 2025.

"We shall pass you successful owed people nan day connected which nan Company will clasp its Annual General Meeting for nan financial twelvemonth ended March 31, 2025 and nan day from which dividend, if approved by nan shareholders, will beryllium paid," RIL said successful a statement.