Reliance Industries Limited has announced its financial results for the fourth quarter of the fiscal year 2023-24, showcasing significant growth in its operational revenues alongside steady profitability. Here’s a detailed breakdown of the key financial metrics:
1. Revenue Growth Reliance Industries experienced notable revenue growth both on a year-over-year (YoY) and quarter-over-quarter (QoQ) basis.
| Parameter | Q4FY24 (Cr) | Q4FY23 (Cr) | % Change YoY | Q3FY24 (Cr) | % Change QoQ |
|---|---|---|---|---|---|
| Revenue from Operations | ₹2,40,715 | ₹2,16,265 | +11.3% | ₹2,27,960 | +5.6% |
2. EBITDA Analysis Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also reflected strong growth, underscoring efficient operational management and profitability.
| Parameter | Q4FY24 (Cr) | Q4FY23 (Cr) | % Change YoY | Q3FY24 (Cr) | % Change QoQ |
|---|---|---|---|---|---|
| EBITDA | ₹47,150 | ₹41,252 | +14.3% | ₹44,678 | +5.5% |
3. Profit After Tax (PAT) The Profit After Tax showed minimal growth on a YoY basis but a healthier increase when compared to the previous quarter.
| Parameter | Q4FY24 (Cr) | Q4FY23 (Cr) | % Change YoY | Q3FY24 (Cr) | % Change QoQ |
|---|---|---|---|---|---|
| Profit After Tax | ₹21,243 | ₹21,227 | +0.1% | ₹19,641 | +8.1% |
4. Debt Metrics The company’s debt levels have risen both YoY and QoQ, with a small adjustment in the debt to equity ratio.
| Parameter | Q4FY24 (Cr) | Q4FY23 (Cr) | % Change YoY | Q3FY24 (Cr) | % Change QoQ |
|---|---|---|---|---|---|
| Outstanding Debt | ₹3,24,622 | ₹3,13,966 | +3.4% | ₹3,11,743 | +4.1% |
| Debt to Equity Ratio | 0.41 | 0.44 | – | 0.40 | – |
5. Dividend Announcement The company has proposed a dividend of ₹10 per share, reflecting its ongoing commitment to delivering shareholder value.
Reliance Industries, Q4FY24 results, revenue growth, EBITDA, profit after tax, financial performance, outstanding debt, dividend announcement
Conclusion: Reliance Industries continues to demonstrate robust financial health and operational efficiency. With steady growth in key financial parameters and a stable outlook for the future, the company remains a significant player in its diverse sectors of operation.
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This detailed analysis provides investors and market watchers with a comprehensive view of Reliance Industries’ performance, emphasizing its strengths and areas of growth during the quarter.
