April 30, 2021

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 - Standalone and Consolidated Audited Financial Results for the quarter / year ended March 31, 2021

In continuation of our today's letter on Standalone and Consolidated Audited Financial Results for the quarter / year ended March 31, 2021, we send herewith a copy of Media Release issued by the Company in this regard.

The Standalone and Consolidated Audited Financial Results for the quarter / year ended March 31, 2021 approved by the Board of Directors and the Media Release in this connection 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

Copy to:

The Luxembourg Stock Exchange

Singapore Stock Exchange

Societe de la Bourse de Luxembourg

2 Shenton Way,

35A boulevard Joseph II

#19-00 SGX Centre 1,

B P 165, L-2011 Luxembourg

Singapore 068804

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

Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail:investor.relations@ril.com, Website: www.ril.com

CIN- L17110MH1973PLC019786

30th April 2021

CONSOLIDATED RESULTS FOR YEAR/QUARTER ENDED 31ST MARCH, 2021

REPURPOSED JAMNAGAR FACILITY TO PRODUCE LIFE-SAVING MEDICAL GRADE OXYGEN

THIS IS IN ADDITION TO PROVIDING MEALS AND SETTING UP COVID-CARE HOSPITALS FOR COMMUNITIES

GENERATED NEARLY 75,000 NEW JOBS DURING THE YEAR

RECORD ANNUAL CONSOLIDATED PAT AT ` 53,739 CRORE WITH GROWTH OF 34.8%

RECORD ANNUAL EBITDA FOR CONSOLIDATED JIO PLATFORMS LIMITED AT ` 32,359 CRORE

RECORD ANNUAL EBITDA FOR CONSOLIDATED RELIANCE RETAIL VENTURES LIMITED AT ` 9,789 CRORE

RIL ANNOUNCES DIVIDEND OF ` 7 PER SHARE

Registered Office:

Corporate Communications

Telephone

: (+91 22) 2278 5000

Maker Chambers IV

Maker Chambers IV

Telefax

: (+91 22) 2278 5185

3rd Floor, 222, Nariman Point

9th Floor, Nariman Point

Internet

:

www.ril.com;investor.relations@ril.com

Mumbai 400 021, India

Mumbai 400 021, India

CIN

:

L17110MH1973PLC019786

Page 1 of 32

STRATEGIC UPDATES (4Q FY21)

  • Reliance Jio Infocomm Ltd ("RJIL"), a subsidiary of the Company, has successfully acquired the right to use spectrum in all 22 circles across India in the recently concluded spectrum auctions conducted by Department of Telecommunications, Government of India. Through this acquisition, RJIL's total owned spectrum footprint has increased significantly, by 55%, to 1,717 MHz. It has the highest amount of sub-GHz spectrum with 2X10 MHz contiguous spectrum in most circles. It also has at least 2X10 MHz in 1800 MHz band and 40 MHz in 2300 MHz band in each of the 22 circles. RJIL has achieved complete spectrum de-risking, with average life of owned spectrum of 15.5 years.
  • Reliance Strategic Business Ventures Limited ("RSBVL"), a wholly owned subsidiary of Reliance Industries Limited, acquired additional equity stake in skyTran Inc. ("skyTran") for a consideration of $ 26.8 million increasing its shareholding to 54.46% on a fully diluted basis.
  • Reliance Marcellus, LLC ("RMLLC") a wholly owned subsidiary of Reliance Industries Limited ("RIL"), has divested its interest in certain upstream assets in the Marcellus shale play of south-western Pennsylvania. These assets, which were operated by various affiliates of EQT Corporation ("EQT"), have been sold to Northern Oil and Gas, Inc ("NOG"), a Delaware corporation, for a consideration of $250 million cash and warrants that give entitlement to purchase 3.25 million common shares of NOG at an exercise price of $14.0 per common share in next seven years.

Registered Office:

Corporate Communications

Telephone

: (+91 22) 2278 5000

Maker Chambers IV

Maker Chambers IV

Telefax

: (+91 22) 2278 5185

3rd Floor, 222, Nariman Point

9th Floor, Nariman Point

Internet

:

www.ril.com;investor.relations@ril.com

Mumbai 400 021, India

Mumbai 400 021, India

CIN

:

L17110MH1973PLC019786

Page 2 of 32

RESULTS AT A GLANCE (FY21 VS FY20)

CONSOLIDATED - RIL

  • Revenue for the year was ` 539,238 crore ($ 73.8 billion) lower by 18.3%
  • EBITDA for the year was ` 97,580 crore ($ 13.3 billion) lower by 4.6%
  • Net Profit for the year was ` 53,739 crore ($ 7.4 billion) higher by 34.8%
  • Cash Profit for the year was ` 79,828 crore ($ 10.9 billion) higher by 18.8%
  • EPS for the year was ` 76.4 per share, increased by 21.1%

STANDALONE - RIL

  • Revenue for the year was ` 278,940 crore ($ 38.2 billion) lower by 23.8%
  • EBITDA for the year was ` 48,318 crore ($ 6.6 billion) lower by 27.2%
  • Net Profit for the year was ` 31,944 crore ($ 4.4 billion) higher by 3.4%
  • Cash Profit for the year was ` 36,411 crore ($ 5.0 billion) lower by 15.0%
  • Exports for the year was ` 145,143 crore ($ 19.9 billion) lower by 28.2%

Registered Office:

Corporate Communications

Telephone

: (+91 22) 2278 5000

Maker Chambers IV

Maker Chambers IV

Telefax

: (+91 22) 2278 5185

3rd Floor, 222, Nariman Point

9th Floor, Nariman Point

Internet

:

www.ril.com;investor.relations@ril.com

Mumbai 400 021, India

Mumbai 400 021, India

CIN

:

L17110MH1973PLC019786

Page 3 of 32

CONSOLIDATED - JIO PLATFORMS LIMITED #

  • Value of Services for the year was ` 86,493 crore ($ 11.8 billion)
  • EBITDA for the year was ` 32,359 crore ($ 4.4 billion)
  • Net profit for the year was ` 12,537 crore ($ 1.7 billion)
  • Total Customer base as on 31st March 2021 of 426.2 million, net addition of 37.9 million customers
  • Total data traffic during the year of 62.5 billion GB; 28.9% growth.

#FY20 numbers are not comparable since Jio Platforms Limited was incorporated during 3Q FY20, hence comparison with

the said numbers is not provided.

CONSOLIDATED - RELIANCE RETAIL

  • Revenue for the year was ` 157,629 crore ($ 21.6 billion) lower by 3.3%
  • EBITDA for the year was ` 9,789 crore ($ 1.3 billion) higher by 1.1%
  • Net profit for the year was ₹ 5,481 crore ($ 750 million) higher by 0.6%
  • Cash Profit for the year was ₹ 7,457 crore ($ 1.0 billion) lower by 3.1%
  • 12,711 operational physical stores; 1,456 stores opened during the year
  • Area of operation - 33.8 million sq. feet as compared to 28.7 million sq. feet in previous year.

Registered Office:

Corporate Communications

Telephone

: (+91 22) 2278 5000

Maker Chambers IV

Maker Chambers IV

Telefax

: (+91 22) 2278 5185

3rd Floor, 222, Nariman Point

9th Floor, Nariman Point

Internet

:

www.ril.com;investor.relations@ril.com

Mumbai 400 021, India

Mumbai 400 021, India

CIN

:

L17110MH1973PLC019786

Page 4 of 32

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

Reliance Industries Ltd. published this content on 30 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2021 18:00:02 UTC.