Reliance Industries : Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2020 – Media Release

October 30, 2020
BSE Limited		National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers	Exchange Plaza, Plot No. C/1, G Block
Dalal Street		Bandra-Kurla Complex,
Mumbai 400 001	Bandra (East)
		Mumbai 400 051
Scrip Code:	500325 / 890147	Trading Symbol: RELIANCE / RELIANCEPP
Dear Sirs,

Sub: Media Release - Consolidated and Standalone Unaudited Financial Results for the quarter and half-year ended September 30, 2020

In continuation of our letter of today's date on the Consolidated and Standalone Unaudited Financial Results for the quarter and half-year ended September 30, 2020, we send herewith a copy of Media Release being issued by the Company in this regard.

The Consolidated and Standalone Unaudited Financial Results for the quarter and half-year ended September 30, 2020, approved by the Board of Directors and the Media Release thereon will also be available on the Company's website, 'www.ril.com'.

Thanking you,

Yours faithfully,

For Reliance Industries Limited

Savithri Parekh

Joint Company Secretary and

Compliance Officer

Encl.: as above
Copy to:	Singapore Stock Exchange
The Luxembourg Stock Exchange	2 Shenton Way, #19- 00 SGX Centre 1,
Societe de la Bourse de Luxembourg	Singapore 068804
35A boulevard Joseph II
B P 165, L-2011 Luxembourg

Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India

Phone #: [phone], Telefax: [phone]. E-mail:[e-mail], Website: www.ril.com

CIN- L17110MH1973PLC019786

30th October 2020

CONSOLIDATED RESULTS FOR QUARTER ENDED 30TH SEPTEMBER, 2020

STRONG SEQUENTIAL REBOUND ACROSS ALL BUSINESSES

CONSOLIDATED QUARTERLY REVENUE WAS HIGHER BY 27.2% AT ` 128,385 CRORE

CONSOLIDATED QUARTERLY EBITDA GREW BY 7.9% TO ` 23,299 CRORE

CONSOLIDATED QUARTERLY PAT BEFORE EXCEPTIONAL ITEM AT ` 10,602 CRORE HIGHER BY 28%

CONSUMER BUSINESSES CONTRIBUTED 49.6% OF CONSOLIDATED SEGMENT EBITDA

RECORD QUARTERLY EBITDA FOR DIGITAL SERVICES AT ` 8,345 CRORE

ROBUST RECOVERY IN RETAIL EBITDA TO ` 2,006 CRORE HIGHER BY 85.9%

CAPITAL RAISE OF ` 152,056 CRORE IN JIO PLATFORMS LIMITED

CAPITAL RAISE OF ` 37,710 CRORE IN RELIANCE RETAIL VENTURES LIMITED

FIRST TELECOM OPERATOR OUTSIDE CHINA TO CROSS 400 MN SUBSCRIBERS IN A SINGLE

COUNTRY MARKET

ADDED IN EXCESS OF 30,000 TO ITS WORKFORCE

Registered Office:	Corporate Communications	Telephone	: ([phone]
Maker Chambers IV	Maker Chambers IV	Telefax	: ([phone]
3rd Floor, 222, Nariman Point	9th Floor, Nariman Point	Internet	:	www.ril.com;[e-mail]
Mumbai 400 021, India	Mumbai 400 021, India	CIN	:	L17110MH1973PLC019786

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STRATEGIC UPDATES

• Jio Platforms Limited, a wholly owned subsidiary of Reliance Industries Limited, raised ₹ 152,056 crore from leading global investors including Facebook, Google, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton, PIF, Intel Capital and Qualcomm Ventures.
• Reliance Retail Ventures Limited (RRVL), a wholly owned subsidiary of Reliance Industries Limited, raised ` 37,710 crore of investments from leading global investors including Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG and ADIA.
• RRVL has entered into an agreement to acquire retail & wholesale business and the logistics & warehousing business of the Future Group for a consideration of ` 24,713 crore. This acquisition is subject to SEBI, CCI, NCLT, shareholders, creditors and other requisite approvals.
• RRVL acquires majority stake in leading digital pharma market place "Netmeds" for a consideration of ~ ` 620 crore.
• Qualcomm Technologies, Inc. and Jio Platforms Limited (Jio) along with its wholly owned subsidiary Radisys Corporation announced expanded efforts to develop open and interoperable interface compliant architecture based 5G solutions with a virtualized RAN. This work is intended to fast track the development and roll out of indigenous 5G network infrastructure and services in India.
• The Company supported job creation in the economy during the pandemic-impacted period and generated in excess of 30,000 new jobs during April - September 2020 in Consumer businesses and last mile delivery.

Registered Office:	Corporate Communications	Telephone	: ([phone]
Maker Chambers IV	Maker Chambers IV	Telefax	: ([phone]
3rd Floor, 222, Nariman Point	9th Floor, Nariman Point	Internet	:	www.ril.com;[e-mail]
Mumbai 400 021, India	Mumbai 400 021, India	CIN	:	L17110MH1973PLC019786

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RESULTS AT A GLANCE (Q-O-Q)

CONSOLIDATED - RIL

• Revenue for the quarter was ` 128,385 crore ($ 17.4 billion) higher by 27.2%
• EBITDA before exceptional item for the quarter was ` 23,299 crore ($ 3.2 billion) higher by 7.9%
• Net Profit before exceptional item for the quarter was ` 10,602 crore ($ 1.4 billion) higher by 28.0%
• Cash Profit before exceptional item was ` 16,837 crore ($ 2.3 billion) higher by 20.9%
• EPS before exceptional item was ` 14.8 per share, increased 14.9%

STANDALONE - RIL

• Revenue for the quarter was ` 64,431 crore ($ 8.7 billion) higher by 23.3%
• EBITDA before exceptional item for the quarter was ` 11,811 crore ($ 1.6 billion) higher by 4.0%
• Net Profit before exceptional item for the quarter was ` 6,546 crore ($ 887 million) higher by 34.3%
• Cash Profit before exceptional item for the quarter was ` 7,201 crore ($ 976 million) higher by 31.6%
• Exports for the quarter was ` 34,501 crore ($ 4.7 billion) growth of 5.6%

Registered Office:	Corporate Communications	Telephone	: ([phone]
Maker Chambers IV	Maker Chambers IV	Telefax	: ([phone]
3rd Floor, 222, Nariman Point	9th Floor, Nariman Point	Internet	:	www.ril.com;[e-mail]
Mumbai 400 021, India	Mumbai 400 021, India	CIN	:	L17110MH1973PLC019786

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