Reliance Industries Limited — Investor Meet, 20-07-2025: Analysts/Institutional Investor Meet/Con. Call Updates

The Q1 FY25-26 analyst call highlighted strong group performance with recurring EBITDA up 15% and PAT up 25%, excluding a one-time gain. **Jio Platforms** saw 19% revenue growth and 24% EBITDA growth, driven by 498M subscribers, 200M+ 5G users, and 20M connected homes, with UBR technology enabling rapid broadband expansion. **Reliance Retail** revenues grew 11% with 16% transaction growth, bolstered by quick commerce acceleration and 388 new stores. **New Energy** outlined its integrated giga-factory ecosystem, aiming for self-funded, multi-decadal growth. Management expressed confidence in doubling value by the "golden decade" end, supported by strong balance sheet and cash flows.