Shares of Reliance Industries climbed as much as 5% in early trade on Friday, after the country's most valuable company topped quarterly profit estimates on strong demand in its retail and telecom units.

Reliance Industries recorded double-digit YoY increase in bottomline on strong growth in digital services and retail businesses in Q3FY25.

Results: Reliance Industries posted Q3 profit at Rs 21,804 crore, up 11.88 per cent as against Rs 19,488 crore during the same quarter of previous financial year.

Shares of Reliance Industries climbed as much as 5% in early trade on Friday, after the country's most valuable company topped quarterly profit estimates on strong demand in its retail and telecom units.

Reliance Industries shares rose nearly 5% on Friday, marking their best week in six months after the company exceeded quarterly profit estimates, driven by a rebound in its retail business. Indias most valuable company,

Reliance Jio reported a Q3 net profit of ₹6,477 crore, up 24.4% YoY. Revenue increased 15.5% to ₹29,307 crore, with an EBITDA of ₹15,478 crore. The subscriber base reached 482.1 million, and ARPU rose to ₹203.

Reliance Industries beat expectations for third-quarter profit on Thursday, as its retail business benefited from strong festive demand, while its telecom unit was bolstered by higher cellular tariffs and a rise in 5G subscribers.

Stay informed with our live blog covering India’s latest in politics, economy, crime, and general news. Get real-time updates on political developments, financial trends, crime reports, and important events across the country.