RIL 47th AGM 2024 Live Streaming: Reliance Industries will hold its 47th Annual General Meeting (AGM) on Thursday, August 29, 2024, at 2 PM. The meeting will be conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM). Shareholders and interested parties can attend the meeting virtually.

At the upcoming AGM, Reliance Industries Chairman Mukesh Ambani will address shareholders, who will be keenly awaiting insights into several key areas. Market participants will look for new announcements and updates on Jio, developments in the new energy sector, and any potential for further value unlocking.

“The Forty-seventh Annual General Meeting (Post-lPO) (“AGM”) of the members of the Company wilI be held on Thursday, August 29, 2024 at 2:00 P.M. (IST) through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”), in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India,” RIL had informed exchanges earlier this month.

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Here’s the key details you need to know about RIL AGM meet 2024

Reliance AGM Meeting Date: August 29, 2024

Reliance AGM Meeting Time: 2 PM

Reliance AGM Where to Watch: RIL’s 47th AGM will be held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). You can watch it on the official website of Reliance. You can also watch the live stream on the official YouTube handle of Reliance. FinancialExpress.Com will also be covering the AGM meet and you can watch it on our website as well.

RIL Q1FY25 Results – Brief Overview

In Q1FY25, Reliance Industries reported profit of Rs 15,138 crore, down 5.5 per cent on-year in comparison to Rs 16,011 crore posted during Q1FY24. It posted revenue from operations at Rs 236,217 crore, up 12% as against Rs 210,831 crore in Q1FY24.

While the oil-to-chemicals (O2C) sector faced a 14.3% EBITDA drop due to reduced fuel margins, Reliance Jio saw a 11.7% increase in net profit, reaching Rs 5,698 crore for Q1, driven by expanded 5G services and higher data consumption and the cricket World Cup, which boosted user engagement. Jio saw its consumer base grow to 489.7 million from 481.8 million at the end of March. Average revenue per user (ARPU) increased to Rs 181.7 from Rs 180.5.

The retail segment also performed well with a 4.6% rise in profits and increased store footfalls. The company’s net debt decreased to Rs 1.12 lakh crore.