Q4 2025 Reliance Industries Ltd Earnings Call Transcript
Nice to meet you all after a very short break. Many of you have been actually secretly enjoying this 1.5-hours concise format, where you could half write the report, you could half listen, you could half read, all in the comforts of your home. Clearly, this is a change of scene, but we are pretty delighted to welcome you here and really for the opportunity to present and interact.
And, broadly, the format remains the same. I'll do the financials and each of the businesses, maybe I'll do the O2C too. We have -- the new addition is on JioStar, where Kevin will present on JioStar. That's a -- as you know, a big acquisition; completely changes, revolutionizes the entertainment and sports industry, so we thought it'll be a good opportunity there; and, also have a few slides on our progress on New Energy, which I will cover subsequently.
But before that, just the overall macroeconomic. So this is all about the context being significant volatility, tariff related. We saw geopolitical conflicts continuing. You all know
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