Reliance Revenue History — Quarter by Quarter

Reliance's revenue moved from ₹2,56,000 Cr in Q2 FY24 to ₹2,58,000 Cr in Q2 FY25, a 0.8% change over 5 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

Quarter	Revenue (₹ Cr)	YoY Change
Q2 FY25	₹2,58,000 Cr	+0.8%
Q1 FY25	₹2,58,000 Cr	+11.5%
Q4 FY24	₹10,00,000 Cr	+2.6%
Q3 FY24	₹2,48,000 Cr	+3%
Q2 FY24	₹2,56,000 Cr	0%

What management said about revenue

Q2 FY26 · Jio home connections to ramp up significantly

Management expects to scale monthly home connections beyond the current 1 million run rate, driven by wireless broadband technology.

Q2 FY25 · Jio AirFiber to add 1 million homes per month

Management targets adding approximately one million Jio AirFiber connections every month, up from current run rate.

Q2 FY25 · Retail growth momentum to normalize in 2-3 quarters

Retail expects to revert to industry-leading growth after streamlining operations and B2B recalibration over the next couple of quarters.

Q1 FY25 · Tariff hike benefits from July 2024

Jio implemented tariff increases of 13-25% from July 3, 2024, expected to improve ARPU and revenue in coming quarters.

Q1 FY25 · CBM production ramp-up

40-well multilateral program to add 0.5 MMSCMD of gas by year-end, with 21 wells already completed.

Q4 FY24 · KG-D6 incremental production of 4-5 mmscmd in a few years

Incremental development plan approved by government to add 4-5 million standard cubic meters per day of production.

Q4 FY24 · Jio 5G monetization runway

30% of data traffic on 5G is currently free; monetization offers a larger growth runway.

Q3 FY24 · O2C margins to remain volatile but refining margins constructive

Management expects refining margins to remain favorable due to strong demand for jet fuel and gasoil, but downstream chemical margins pressured by global oversupply.

Q2 FY24 · KG-D6 production target of 30 MMSCMD

KG-D6 gas production is on track to reach 30 million standard cubic meters per day, representing ~30% of India's gas output.

Q1 FY24 · KG-D6 gas production target of 30 MMSCMD in FY24

Production is ramping up and expected to reach 30 million standard cubic meters per day during FY24.

Q1 FY24 · JioBharat device deployment of 1 million units

Initial deployment of about a million JioBharat devices through own offering and OEM partners to target 2G-to-4G migration.