In a major step for the next succession phase, the Reliance Group of Industries Limited (RIL) has approved Anant M. Ambani’s appointment as Whole-Time Director, designated for Executive Director for a period of five years commencing from May 1, 2025. The appointment is based on recommendations of the Human Resources, Nomination and Remuneration Committee and shall be placed before the shareholders for approval.
His commencement into leadership roles is an introduction into Anant Ambani and his journey so far. Anant Ambani is the youngest son of Mukesh Ambani, Chairman of RIL, and a Non-Executive Director. His elevation to an executive position thus represents a milestone event leading him to be smack at the center of RIL’s future leadership. Having graduated from Brown University, Anant has been actively engaged in energy and sustainability for an increasing number of years. Since assuming responsibility for RIL’s energy segment in August 2022, he has been actively leading the group toward net-zero carbon emissions by 2035, with special emphasis on:
- Clean fuel development
- Carbon capture technologies
- Circular economy solutions
- Conversion of crude to chemicals
He serves on the boards of several entities, including
- Jio Platforms Limited (since March 2020)
- Reliance Retail Ventures Limited (since May 2022)
- Reliance New Energy & New Solar Energy (since June 2021)
- Reliance Foundation (since September 2022)
In August 2023, Akash and Isha were brought on as Non-Executive Directors, together with Anant; shareholders ratified the appointment in October 2023, thus signaling a formal generational change.
Performance Highlights for RIL in Q4FY25
RIL registered commendable performance during the quarter ended March 31, 2025:
Consolidated Net Profit increased by 6.4% to ₹22,611 crore (₹21,243 crore)
Net Profit for the full year was up by 3% to ₹81,309 crore (₹79,020 crore)
Net Profit attributable to owners increased by 2% to ₹19,407 crore (₹18,951 crore)
Recommendation of a dividend of ₹5.50 per share RIL is the first Indian company to exceed a net worth of ₹10 lakh crore
The board has approved raising ₹25,000 crore through NCDs on a private placement basis
Segment performance: Jio Platforms
Jio Platforms, the telecommunications and digital arm of RIL, posted decent numbers for the quarter ended Q4FY25:
Net profit: ₹7,022 crore, up 26% YoY (₹5,587 crore)
Revenue: ₹33,986 crore, up 18% (₹28,871 crore)
Average revenue per user (ARPU): ₹206.2, an increase of 13.5% (₹181.7)
Segment Performance: Reliance Retail Ventures (RRVL)
Reliance Retail Ventures Limited (RRVL)
the retail venture of RIL, also reported robust results:
Net profit: ₹3,545 crore, up 29% YoY (₹2,746 crore)
Revenue: ₹78,622 crore, up 16.3% (₹67,610 crore)
A fresh chapter in Leadership
As Akash Ambani takes over the reins at Reliance Jio Infocomm and Isha Ambani Piramal leads the retail segment, the induction of Anant Ambani is representative of the growing space for the new generation in the future of RIL. His elevation to an executive position has effectively placed him at the heart of the transformational and long-term vision of the group.
