Reliance Industries Posts 78% Surge in Net Profit to Rs26,994 Cr in Q1 FY26, Boosted by Jio, Retail and Asian Paints Stake Sale

---

MUAMAI (Economy India): ukesh Ambani-led Reliance Industries Ltd (RIL) has delivered a blockbuster performance in the first quarter of FY 2025-26, posting a 78.3% year-on-year jump in net profit to Rs26,994 crore. The robust results were driven by strong growth in its Jio and Retail segments, along with a one-time gain of Rs8,924 crore from the sale of its stake in Asian Paints.

Despite macroeconomic headwinds, Reliance’s consolidated revenue rose 5.3% to Rs2.49 lakh crore in Q1 FY26, while EBITDA surged 36% to Rs58,024 crore, showcasing operational efficiency across verticals.

---

Key Highlights of Reliance Q1 FY26 Results:

Particulars	Q1 FY25	Q1 FY26	YoY Change
Revenue	Rs2,36,217 Cr	Rs2,48,660 Cr	▲ 5.3%
Net Profit	Rs15,138 Cr	Rs26,994 Cr	▲ 78.3%
Total Expenses	Rs2,16,966 Cr	Rs2,26,633 Cr	▲ 4.5%
EBITDA	Rs42,636 Cr	Rs58,024 Cr	▲ 36.1%
Tax Paid	Rs5,786 Cr	Rs6,465 Cr	▲ 11.7%
EBITDA Margin	6.3%	10.23%	↑ Improved

---

Jio Platforms: 99 Lakh New Subscribers, 25% Profit Growth

Reliance Jio posted a 25% year-on-year rise in profit to Rs7,110 crore in Q1 FY26. The platform added 99 lakh new subscribers, taking its total user base to 498.1 million. Over 200 million users now use 5G services on Jio’s network.

• ARPU (Average Revenue Per User) rose 15% to Rs208.8
• Average data consumption per user grew 24%
• JioAirFiber became the world’s largest wireless broadband service, with 7.4 million subscribers

---

Reliance Retail: Income Up 11%, Profit Surges 33%

Reliance Retail reported a 11.3% increase in revenue to Rs84,171 crore, while net profit surged 33% to Rs3,267 crore.

• Store count rose by 388 to reach 19,592 outlets
• Customer base grew 13.3% to 358 million
• JioMart orders jumped 175% year-on-year and 68% quarter-on-quarter

---

JioCinema & Entertainment: Stellar Growth Driven by IPL

Jio’s OTT and media arm, JioCinema (JioStar), posted ₹11,222 crore in revenue. Its app was downloaded over 1 billion times, largely thanks to IPL 2025 viewership, which reached 1.19 billion viewers.

• Monthly Active Users: 460 million+
• Market Share in TV Entertainment: 35.5%

---

O2C and Oil & Gas: EBITDA Grows Despite Revenue Dip

The Oil-to-Chemicals (O2C) segment saw revenue dip slightly by 1.5% to ₹1.54 lakh crore due to lower crude prices and maintenance shutdowns, but EBITDA rose 11% to Rs14,511 crore.

Oil & Gas business revenue also fell marginally by 1.2%, yet the company maintained profitability with disciplined cost management.

---

Mukesh Ambani’s Statement

“Despite a challenging global environment, Reliance has delivered strong results led by the outstanding performance of our consumer-facing businesses – Jio and Retail. The strategic monetization of our stake in Asian Paints has further strengthened our financial position,” said Mukesh Ambani, Chairman, Reliance Industries.

---

Market Capitalization and Outlook

As of the result date, Reliance Industries’ market capitalization stood at Rs19.99 lakh crore, retaining its position as India’s most valuable company.

With strong momentum in consumer businesses, aggressive 5G expansion, and smart capital deployment, Reliance is poised for sustainable growth in the coming quarters.

---

(Economy India)