How Did Reliance Industries Achieve a 78% Rise in Q1 Net Profit?
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Synopsis
In a remarkable financial feat, Reliance Industries has reported a staggering 78% increase in net profit for the first quarter of FY26, reflecting its strong operational performance. Discover how various segments like Reliance Jio and Reliance Retail contributed to this growth and what it means for the company moving forward.
Key Takeaways
- Reliance Industries achieved a 78% YoY increase in net profit.
- Revenue from operations rose by 5.3% to Rs 2,48,660 crore.
- EBITDA improved by 36% to Rs 58,024 crore.
- Reliance Jio's net profit surged by 25%.
- Reliance Retail expanded its store count significantly.
Mumbai, July 18 (NationPress) Reliance Industries announced an impressive 78% year-on-year (YoY) increase in its consolidated net profit for the first quarter (Q1) of FY26, totaling Rs 26,994 crore.
The company’s operational revenue also saw a 5.3% increase, reaching Rs 2,48,660 crore compared to Rs 2,36,217 crore from the same quarter last year, as reported in its stock exchange filing.
Moreover, the company demonstrated notable improvement in its operational performance, with earnings before interest, taxes, depreciation, and amortization (EBITDA) hitting Rs 58,024 crore—a 36% increase from Rs 42,748 crore in the previous year.
Gross revenue also rose by 6% to Rs 2,73,252 crore, approximately $31.9 billion, according to its regulatory filing.
Reliance Jio, the company’s telecom and digital division, experienced a 25% rise in net profit, amounting to Rs 7,110 crore for the quarter.
Its revenue surged by 19% YoY to Rs 41,054 crore, fueled by robust growth in both its mobile and home broadband user base, alongside increased data consumption.
Reliance Retail also maintained its upward trajectory, with revenue climbing 11.3% YoY to Rs 84,171 crore.
The EBITDA for the retail segment grew 12.7% to Rs 6,381 crore, with the operating margin improving to 8.7%.
During the quarter, Reliance Retail expanded its footprint by adding 388 new stores, bringing the total number to 19,592, across 77.6 million square feet of retail space.
The company’s customer base has now reached 358 million.
In the quick commerce sector, JioMart witnessed a remarkable surge, with daily orders increasing by 68% QoQ and 175% YoY.
On the National Stock Exchange (NSE), the company’s shares closed at Rs 1,476, down by Rs 0.40 or 0.027% on Friday.
Point of View
Reliance Industries' latest financial results illustrate the company's resilience and innovative strategies in a competitive market. The significant profit increase not only reflects strong operational performance but also highlights the effective management across its various segments. Such performance reinforces the company's position as a leader, demonstrating its capacity to adapt and thrive in evolving economic landscapes.
NationPress
19/07/2025
Frequently Asked Questions
What was the net profit of Reliance Industries for Q1 FY26?
Reliance Industries reported a net profit of Rs 26,994 crore for the first quarter of FY26, marking a 78% year-on-year increase.
How much did Reliance's revenue from operations grow?
The company's revenue from operations increased by 5.3% to Rs 2,48,660 crore compared to the previous year.
What was the EBITDA for Reliance Industries in Q1 FY26?
The EBITDA for Reliance Industries stood at Rs 58,024 crore, reflecting a 36% increase from the same period last year.
How many new stores did Reliance Retail add in Q1 FY26?
Reliance Retail added 388 new stores during the quarter, bringing its total to 19,592 stores.
What was the performance of Reliance Jio in Q1 FY26?
Reliance Jio reported a 25% rise in net profit, amounting to Rs 7,110 crore for the quarter.
