Reliance Industries Q4FY22 and Year Ended result : Cash flow down 8.8%, PAT up 22.5% to ₹16,203 Cr YoY

Gross Revenue for the quarter was ₹ 232,539 crore ($ 30.7 billion), higher by 35.1% • EBITDA for the quarter was ₹ 33,968 crore ($ 4.5 billion), higher by 27.7% • Cash Profit for the quarter was ₹ 34,871 crore ($ 4.6 billion), higher by 53.3%. RIL announces Dividend of ₹ 8 /- per share

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The Reliance Group, founded by Dhirubhai H. Ambani , is India’s largest private sector enterprise, with businesses in the energy and materials value chain. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India.

Starting as a small textile company, Reliance Industries has in its journey crossed several milestones to become a Fortune 500 company in less than 3 decades. The company has posted its Q4FY22 and year ended financial results on 6th May,2022, the details are as below :

(I) Audited Consolidated Financial Results for Quarter Ended (YoY comparison):

The company has reported, a consolidated Total Income of ₹214,344 crore in the quarter ended on March 31, 2022 as against ₹158,133 crore in the corresponding quarter ended last year on Mar 31, 2021, increased by 35.55%.

The company has posted a consolidated Net Profit of ₹16,203 crore in the quarter ended on March 31, 2022 as against ₹13,227 crore in the corresponding quarter ended in last year on Mar 31, 2021. The PAT surges up by 22.50%.

The status of the EPS of the company stood at ₹23.95 as on March 31, 2022 compared to the previous quarter ended on Mar 31, 2021 which was ₹20.13, up by 18.98%.

₹*Mar 31, 2022 (Q4FY22)Dec 31, 21 (Q3FY22)Mar 31, 21 (Q4FY21)
Total Income214,344195,318158,133
Total Expenses192078173060142562
PBT /(Loss)22,441125,22716,382
Total Tax /(credit)439046881387
PAT /(Loss) [to the owners]16,20318,54913,227
*figures are in Crores

(II) Audited Consolidated Financial Result details for the Year Ended :

The company has reported, a consolidated Total Income of ₹736,581 crore in the financial year ended on March 31, 2022 as against ₹502,653 crore for the financial year ended on Mar 31, 2021, increased by 46.54%.

The company has posted a consolidated Net Profit of ₹60,705 crore in the financial year ended on March 31, 2022 as against ₹49,128 crore for the financial year ended on March 31, 2021. The PAT surges up by 23.56%.

The status of the EPS of the company stood at ₹90.85 as on March 31, 2022 compared to the previous year ended on March 31, 2021 which was ₹75.21, up by 20.80%.

₹*Mar 31, 2022 (FY22)Mar 31, 2021 (FY21)
Total Income736,581502,653
Total Expenses655555453350
PBT /(Loss)8414255146
Total Tax /(credit)162971722
PAT /(Loss)60,70549,128
*figures are in Crores
reliance ind q4 results 2022- market times

(III) Key Highlights about the Performance :

Q4FY22 COMPARED WITH Q4FY21 :

CONSOLIDATED – RIL
• Gross Revenue for the quarter was ₹ 232,539 crore ($ 30.7 billion), higher by 35.1%
• EBITDA for the quarter was ₹ 33,968 crore ($ 4.5 billion), higher by 27.7%
• Cash Profit for the quarter was ₹ 34,871 crore ($ 4.6 billion), higher by 53.3%.

CONSOLIDATED – Jio Platforms Ltd
• Gross Revenue for the quarter was ₹ 26,139 crore ($ 3.4 billion), higher by 20.7%
• EBITDA for the quarter was ₹ 10,918 crore ($ 1.4 billion), increase of 27.4%
• Net Profit for the quarter was ₹ 4,313 crore ($ 569 million), growth of 22.9%
• Cash Profit for the quarter was ₹ 9,623 crore ($ 1.3 billion), growth of 24.0%
• Total customer base as on 31st March 2022 of 410.2 million
• ARPU during the quarter of ₹167.6 per subscriber per month
• Total data traffic was 24.6 billion GB during the quarter; 47.5% growth

FY22 COMPARED WITH FY21 :

CONSOLIDATED – RIL
• Gross Revenue for the year was ₹ 792,756 crore ($ 104.6 billion), higher by 47.0%
• EBITDA for the year was ₹ 125,687 crore ($ 16.6 billion), higher by 28.8%
• Cash Profit for the year was ₹ 110,778 crore ($ 14.6 billion), higher by 38.8%.

CONSOLIDATED – Jio Platforms Ltd
• Gross Revenue for the year was ₹ 95,804 crore ($ 12.6 billion), higher by 17.1% (adjusted for Interconnect Usage Charges (IUC))
• EBITDA for the year was ₹ 39,112 crore ($ 5.2 billion), increase of 20.9%
• Net Profit for the year was ₹ 15,487 crore ($ 2.0 billion), growth of 23.6%
• Cash Profit for the quarter was ₹ 34,639 crore ($ 4.6 billion), growth of 21.6%
• Total data traffic was 91.4 billion GB for the year; 46.3% growth

Other Details :

Jio Fiber business chart – market times

  • The business delivered its best-ever Republic Day event with 20% sales growth Y-o-Y. In addition, focus on regional festivals, exclusive promotions, new product launches along with affordability program helped in driving sales
  • Record Annual Consolidated Revenue at ₹ 792,756 CRORE ($104.6 BILLION), UP 47.0%
  • Record Annual Consolidated EBITDA AT ₹ 125,687 CRORE ($16.6 BILLION), UP 28.8%
  • Annual Revenue for Retail Business at ₹ 200,000 CRORE
  • Annual EBITDA for Retail Business at ₹ 12,423 CRORE ($1.6 BILLION)
  • Annual Revenue for Digital Services crossed ₹ 100,000 CRORE mark
  • Record Annual EBITDA of Digital Services Business at ₹ 40,268 CRORE ($5.3 BILLION)
  • Annual EBITDA of Oil & Gas Business at ₹ 5,457 CRORE ($720 MILLION), highest in 7 Years
  • RIL announces Dividend of ₹ 8 /- per share

Shares of Reliance Industries Ltd was last traded in BSE at ₹2621.15 as compared to the previous close of ₹2640.75. The total number of shares traded during the day was 249708 in over 21561 trades.

The stock last hit in BSE,

  • Intraday High of ₹ 2659.55
  • Intraday low of ₹ 2594.60