Reliance Industries beat market expectations to report a consolidated profit of Rs 194.07 billion during the final quarter of FY25. Annual profits were almost unchanged at Rs 69,648 crore — even as the oil-to-telecom-and-retail conglomerate became the first company to hit a net worth of over Rs 10 lakh crore in 2024-25. Reliance also outlined an ‘exciting portfolio of emerging businesses’ such as media, new energy and AI-ready data centers that would drive future growth. “FY2025 has been a challenging year for the global business environment, with weak macro-economic conditions and a shifting geo-political landscape.