Reliance Industries AGM 2025 Key Highlights: Jio IPO, AI Surge & “India‑First” Growth Vision

Reliance Industries Limited (RIL), led by Chairman Mukesh Ambani, held its 48th Annual General Meeting (AGM) on Friday, August 29. Ambani addressed 44 lakh shareholders and unveiled a slew of strategic initiatives. 

Key Highlights 

• AI: The “Kamdhenu” of Modern Era: Mukesh Ambani said, because of the miraculous power, AI can now be called the new “Kamdhenu” of our new age. 
• Reliance Industries Financial Performance; becomes India’s first-ever company to cross $125 billion in annual revenues: In FY-25, Reliance delivered record consolidated revenue of ₹10,71,174 crore ($125.3 billion), the first ever by any Indian company. EBITDA stood at ₹1,83,422 crore, and net profit grew to ₹81,309 crore. Reliance’s exports were ₹2,83,719 crore, contributing 7.6% of India’s total merchandise exports. In FY-25, the company remains the single largest contributor to the national exchequer by contributing ₹2,10,269 crore. Further, Reliance’s CSR spending in FY-25 rose to ₹2,156 crore. 
• Jio crosses 500 million users: Ahead of the 10th-year anniversary, Jio crosses 500 million customers. 
• Jio’s five major achievements: Mukesh Ambani announced five major achievements of Jio:
  • Free voice calls from anywhere to everywhere in India
  • Watch videos and do digital payments via mobile phones
  • Laid the foundation of India's Digital public infrastructure
  • Enabled creation of the world's 3rd largest startup ecosystem
  • Laid foundation for AI revolution in India
• Jio’s Financial Performance: For FY 2025, Jio’s revenue stood at 11,28,218 Cr, growing 17% YOY, with EBITDA at 164,170 Cr. 
• Jio IPO Confirmation: Mukesh Ambani officially confirmed that Jio, Reliance’s telecom powerhouse, will launch an initial public offering (IPO) by the first half of 2026, calling it a "very attractive opportunity" for all investors. 
• JioAirFiber is adding over one million homes per month and now become the largest fixed wireless broadband service in the world.
• Jio's latest innovations 
  • Digital Twin System: Digital Twin System enables broadband activation within 24 hours by using a real-time 3D model of India’s infrastructure to streamline installations.
  • New Gen Jio AI Cloud: Last year, Jio AI Cloud was launched, which offered every Jio user up to 100 GB of free, secure cloud storage. Now, next-gen Jio AI Cloud is launched, which offers AI-powered search in multiple Indian languages and smart organisation of personal data, with new creative tools like reels and video generation.
  • JioPC: JioPC, a cloud-powered virtual computer, turns any screen into an AI-ready PC with no upfront cost
  • JioFrames, an AI-powered smart glasses platform that allows users to capture HD photos, record videos, go live, make calls, attend meetings, listen to music or podcasts
• Launch of new wholly owned subsidiary “Reliance Intelligence”: Reliance Industries unveiled “Reliance Intelligence”, a wholly owned subsidiary dedicated to advancing artificial intelligence across India with global tech giants Google and Meta as strategic partners.