Reliance Industries Q1 FY26 Results: 76% Profit Jump and Strong Growth Across Businesses
Reliance Industries Limited (RIL), one of India’s biggest conglomerates, kicked off the financial year FY26 with impressive numbers. The company’s Q1 results for the April-June 2025 quarter show strong growth in profits, robust performance across key business segments, and a smart strategic move that brought in extra income.
Here’s a quick look at the top highlights from Reliance’s Q1 results:
📈 Net Profit Soars 76% YoY
Reliance posted a massive 76% year-on-year (YoY) jump in consolidated net profit, reaching ₹26,994 crore in Q1 FY26. This is up from ₹15,138 crore in the same period last year and ₹19,407 crore in the previous quarter. The jump reflects not just business strength but also smart financial moves.
💰 Big Boost from Stake Sale
A major contributor to this strong performance was Reliance’s ₹8,924 crore gain from divesting its stake in Asian Paints. This one-time gain boosted the company’s "other income" and added significantly to the overall profit.
🏭 Strong O2C Business Margins
The Oil-to-Chemicals (O2C) segment — one of RIL’s core businesses — showed improved margins. This indicates better profitability in refining and petrochemical operations, even in a challenging global market.
📶 Jio and 🛍️ Retail Continue Double-Digit Growth
Both Reliance Jio and Reliance Retail continued their strong momentum, showing healthy double-digit growth. These consumer-facing businesses have become key revenue and profit drivers for RIL, helping to balance the more cyclical energy segments.
💼 EBITDA Growth and Capex Update
The company’s EBITDA (earnings before interest, tax, depreciation, and amortization) also rose sharply, reflecting higher operating profit margins across businesses. Reliance’s capital expenditure for the quarter stood at ₹29,887 crore, indicating continued investment in future growth areas like digital, retail expansion, and clean energy.
💳 Net Debt Slightly Up
Despite the strong profits, RIL’s net debt increased slightly to ₹1.18 lakh crore as of June 30, 2025. This is being closely watched, but given the company’s earnings power and strategic investments, it appears manageable.
🔍 Final Thoughts
Reliance Industries has delivered a strong start to FY26. With solid performances in its core and consumer businesses, and a big gain from smart divestment, the company seems well-positioned for further growth. Investors and industry watchers will now keep an eye on how the company continues to balance its traditional energy roots with its fast-growing digital and retail segments.