RIL has ₹3,50,453 crore as gross debt, excluding spectrum payment to the government in December. However, the company has maintained high cash reserves on its books, worth ₹2,34,988 crore cash and cash equivalents, which are mainly in fixed deposits, certificates of deposits with banks and government securities and bonds. RIL’s consolidated net debt as of March 31, 2025, was marginally higher at ₹1,17,083 crore against ₹1,16,281 crore as of December 31, 2024.
Mukesh Ambani-led Reliance Industries Ltd recorded a consolidated profit of ₹19,407 crore, an increase of 2.4% YoY from ₹18,951 crore during the corresponding quarter last year, driven by strong growth in its digital services and retail businesses. In a historic feat, RIL said it became the first Indian company to cross a total equity of over ₹10 lakh crore in the financial year 2024-25.
