How Did Reliance Industries Achieve Rs 18,645 Crore Net Profit in Q3 FY26?
Synopsis
Key Takeaways
New Delhi, Jan 16 (NationPress) Reliance Industries Limited (RIL), headed by Mukesh Ambani, has announced a consolidated net profit of Rs 18,645 crore for the October-December quarter of the financial year 2025-26 (Q3FY26). This marks a modest 0.56 percent rise from Rs 18,540 crore in the same period last year.
In terms of revenue, the company saw a significant increase of 10.5 percent year-on-year, reaching Rs 269,496 crore compared to Rs 243,865 crore in the previous year's quarter.
The consolidated EBIDTA (earnings before interest, taxes, depreciation, and amortization) for this quarter was recorded at Rs 50,932 crore, reflecting a 6.1 percent year-on-year growth, although the EBIDTA margin decreased to 17.3 percent from 18 percent in Q3FY25.
Jio Platforms, the telecom segment, experienced a remarkable 16.4 percent year-on-year increase in EBITDA, reaching Rs 19,303 crore this quarter. The number of 5G subscribers surpassed 250 million, while the fixed broadband subscriber base exceeded 25 million.
In retail, Reliance posted a net profit growth of 3 percent to Rs 3,551 crore, with revenues climbing by 9.2 percent year-on-year.
For the quarter ending December 31, 2025, Reliance's capital expenditure was Rs 33,826 crore (approximately $3.8 billion), primarily driven by investments in ongoing projects in the O2C and New Energy sectors, along with continuous capital expenditure for enhancing Jio and Retail infrastructure, as stated by the company.
Mukesh Ambani, Chairman and Managing Director, remarked, "Reliance's consolidated performance in Q3FY26 showcases a robust financial outcome and operational resilience across all sectors."
He further added, "Jio's digital ecosystem is becoming an integral part of Indian households, linking mobile devices, homes, appliances, and businesses through our mobility and broadband services."
The retail division also had a productive quarter, enriching its portfolio with new brands and product offerings. Additionally, the demerger of the consumer products segment was implemented during this quarter.