Reliance Industries Announces Stellar Q1 FY26 Results

Mukesh Ambani-led Reliance Industries Limited (RIL) has reported a record-breaking net profit of Rs 26,994 crore for the first quarter of FY26, marking a 78% increase year-over-year. This performance has exceeded market expectations, showcasing the company's robust growth and operational efficiency.

Financial Highlights

The company's operational income saw a 5.3% rise, reaching Rs 2,48,660 crore, compared to Rs 2,36,217 crore in the same period last year. EBITDA also witnessed a significant 36% increase to Rs 58,024 crore, with margins improving to 21.2%, up by 460 basis points from Q1FY25.

Consumer Segments Lead Growth

Reliance's consumer-focused divisions, including retail and telecommunications, have been pivotal in driving this growth. Jio, the telecommunications arm, benefited from expanded customer bases, while the retail segment saw consistent performance through increased customer visits across its outlets.

Challenges in the O2C Segment

The oil refining and petrochemicals division (O2C) experienced a slight downturn, with a 1.5% year-on-year reduction in revenue, attributed to declining crude oil prices and reduced volumes during maintenance periods.

Leadership's Perspective

"Despite global macroeconomic volatility, Reliance has started FY26 on a strong note," said Mukesh Ambani, highlighting the company's focus on domestic demand fulfillment and value-added solutions through the Jio-bp network.

Market Performance

RIL shares have shown remarkable growth in 2025, adding $40 billion to its market value and outperforming the NSE Nifty 50 Index with a 22% increase since January.