Reliance Industries Q1FY26 Results: Net Profit Surges 76.5% YoY to ₹30,783 Cr, Jio and Retail Lead Growth
By Shishta Dutta | Published at: Jul 18, 2025 08:36 PM IST
Mumbai, July 18 – Driven by strong operational performance across digital, retail, and O2C segments, Reliance Industries Ltd (NSE: RELIANCE, BSE: 500325) posted its highest-ever consolidated quarterly net profit at ₹30,783 crore in Q1FY26, marking a 76.5% year-on-year (YoY) increase.
Consolidated Financial Highlights
| Particulars | Q1 FY26 | Q4 FY25 | Q1 FY25 | YoY Change |
|---|---|---|---|---|
| Gross Revenue (₹ crore) | 2,73,252 | 2,88,138 | 2,57,823 | +6.0% |
| EBITDA (₹ crore) | 58,024 | 48,737 | 42,748 | +35.7% |
| EBITDA Margin | 21.2% | 16.9% | 16.6% | +460 bps |
| Profit After Tax (₹ crore) | 30,681 | 22,434 | 17,448 | +75.8% |
| Net Profit incl. JVs (₹ crore) | 30,783 | 22,611 | 17,445 | +76.5% |
| Capital Expenditure (₹ crore) | 29,875 | 36,041 | 28,785 | – |
“Reliance has begun FY26 with a robust, all-round operational and financial performance,” said Chairman Mukesh D. Ambani, citing strength in 5G, retail expansion, and O2C value chains.
Segment-wise Performance
Jio Platforms Ltd (JPL)
- Revenue: ₹41,054 crore (+18.8% YoY)
- EBITDA: ₹18,135 crore (+23.9% YoY)
- 5G Subscribers: Surpassed 200 million; Home connections over 20 million
| Metric | Q1 FY26 | Q1 FY25 | YoY Growth |
|---|---|---|---|
| Subscribers (mn) | 498.1 | 489.7 | +1.7% |
| Average Revenue Per User (ARPU) (₹) | 208.8 | 181.7 | +14.9% |
| Data Traffic (bn GB) | 54.7 | 44.1 | +24.0% |
“Jio continues to create unparalleled technology infrastructure and is extending its leadership in 5G and broadband,” said Akash Ambani, Chairman, Reliance Jio Infocomm.
Reliance Retail Ventures Ltd (RRVL)
- Revenue: ₹84,171 crore (+11.3% YoY)
- EBITDA: ₹6,381 crore (+12.7% YoY)
- New Stores: 388 added, total at 19,592
| Metric | Q1 FY26 | Q1 FY25 | YoY Growth |
|---|---|---|---|
| Registered Customers (mn) | 358 | 316 | +13.3% |
| Transactions (mn) | 389 | 334 | +16.5% |
“Our continued investments in cutting-edge technologies and differentiated product offerings have enabled us to serve customers better and scale with agility,” stated Isha M. Ambani, Executive Director.
Oil to Chemicals (O2C)
- Revenue: ₹1,54,804 crore (–1.5% YoY)
- EBITDA: ₹14,511 crore (+10.8% YoY)
- Retail Fuel Volume Growth: MS +38.6%, HSD +34.2%
Jio-bp continues to outperform with 1,991 retail outlets and industry-leading volume growth.
Oil & Gas Exploration
- Revenue: ₹6,103 crore (–1.2% YoY)
- EBITDA: ₹4,996 crore (–4.1% YoY)
Production from the KGD6 block declined 7.9% YoY, while CBM output rose 21.7%.
JioStar (Media & Entertainment)
- Revenue: ₹11,222 crore
- EBITDA: ₹1,017 crore (+31.4% YoY)
- MAUs on JioHotstar: 460 million+
- IPL 2025 Reach: 652 million viewers on digital; 1.19 billion overall
Strategic Outlook
- Capex for Q1FY26 stood at ₹29,875 crore, largely towards telecom and retail expansions.
- Net debt remains contained at ₹1.17 lakh crore; net debt-to-EBITDA at a healthy 0.51x.
- Key launches like JioGames Cloud, JioPC, and expansion of JioMart’s hyperlocal delivery (daily orders up 175% YoY) reinforce Reliance’s digital-first growth strategy.
- One of the major highlights of the quarter was JioAirFiber, which emerged as the world’s largest Fixed Wireless Access (FWA) service, with a subscriber base of 7.4 million.
Company Overview
Reliance Industries Ltd, a Fortune Global 500 company listed on NSE and BSE, operates across energy, petrochemicals, telecom, retail, digital services, and media. It is India’s largest private sector company by revenues and market capitalisation.
REF:https://www.bseindia.com/xml-data/corpfiling/AttachLive/f17ceac4-db79-4c46-93e1-9f5960f5991f.pdf
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