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Consolidated Results For Quarter Ended 31 St December, 2021

Robust Operational And Financial Performance Across All Businesses

Record Quarterly Consolidated Revenue At ₹ 209,823 Crore, Up 52.2% Y-O-Y

Record Quarterly Consolidated Ebitda At ₹ 33,886 Crore, Up 29.9% Y-O-Y

Record Quarterly Consolidated Profit After Tax At ₹ 20,539 Crore, Up 37.9% Y-O-Y

Record Quarterly Revenue For Digital Services At ₹ 25,200 Crore, Up 6.4% Y-O-Y

Ebitda For Digital Services Crossed ₹ 10,000 Crore Mark For The First Time

Reliance Retail Delivered A Landmark Quarter With All Time High Revenue And Ebitda

Added Over 80,000 People To Its Workforce During 9 Months

STRATEGIC UPDATES (3Q FY22)

* RIL signed MoU with the Government of Gujarat for a total investment of ₹ 5.955 lakh crore as part of Investment Promotion Activity for Vibrant Gujarat Summit 2022. These projects will create 10 lakh direct / indirect employment opportunities in the State. The above investment is aimed to make Gujarat net zero and carbon free over the span of 10 to 15 years to set up 100 GW Renewable Energy Power Plant and Green Hydrogen Eco-System development. RIL will develop an eco-system for assisting Small and Medium Enterprises (SMEs) and encourage entrepreneurs to embrace new technologies and innovations leading to captive use of Renewable Energy and Green Hydrogen.

* RIL successfully priced fixed rate senior unsecured notes for an aggregate amount of USD 4 billion – largest ever foreign currency bond issuance from India, across three tranches in compliance with Regulation S and Rule 144A under the U.S. Securities Act of 1933, as amended (the “US Securities Act”). The proceeds from the issuance of the Notes will be utilised primarily for refinancing of existing borrowings, in accordance with applicable law.

* Reliance Jio Infocomm Limited (“RJIL”), a subsidiary of the Company has paid ₹ 30,791 crore (including accrued interest) to the Department of Telecom towards prepayment of the entire deferred liabilities pertaining to spectrum acquired in auctions of year 2014, 2015, 2016 and the spectrum acquired in year 2021 through trading of right to use with Bharti Airtel Limited. These liabilities were due in annual instalments from FY 2022-23 to 2034-2035 and carried interest rate between 9.30% to 10% p.a. with an average residual period of 7+ years. It is estimated that the above prepayments will result in interest cost savings of around ₹ 1,200 crore annually, at the current interest rates.

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