In a robust start to the financial year, Reliance Industries Ltd (RIL) has delivered an impressive performance in the first quarter of FY26, reporting its highest-ever consolidated net profit of ₹26,994 crore. The conglomerate, led by Mukesh Ambani, recorded a 78% year-on-year (YoY) surge in profits, bolstered by operational efficiencies and strategic investment gains.
One of the key contributors to this profit spike was the monetization of RIL’s stake in Asian Paints, which added ₹8,924 crore to the bottom line. Even without this one-time gain, the company’s profit rose by a strong 25% YoY, underscoring its fundamental growth across business segments.
Total gross revenue for the quarter came in at ₹273,252 crore, marking a 6% YoY increase. The company also reported a healthy rise in operating profitability, with EBITDA climbing 35.7% YoY to ₹58,024 crore reflecting resilience in its core energy, telecom, and retail verticals.
Segment-Wise Highlights
- Jio Platforms, RIL’s digital services arm, continued its growth momentum by posting a 25% YoY jump in net profit to ₹7,110 crore for the quarter ending June. The strong performance reflects increasing demand for data services and digital expansion across India.
- Reliance Retail Ventures, the group’s retail subsidiary, posted a 28.3% increase in profit after tax, reaching ₹3,271 crore. Growth was broad-based across all retail segments, reinforcing Reliance’s leadership position in the Indian retail ecosystem.
The results reinforce Reliance Industries’ multi-engine growth strategy, with each of its businesses contributing meaningfully to the group’s performance. As the company moves deeper into digital, retail, and green energy initiatives, investors and market watchers remain optimistic about its long-term growth outlook.
Disclaimer: This article is for informational purposes only and is based on publicly available financial data. It does not constitute investment advice or a recommendation to buy or sell securities. Readers are advised to conduct their own research or consult a financial advisor before making investment decisions.