Reliance Q1 results: Mukesh Ambani-led oil-to-telecom-to-retail conglomerate, Reliance Industries, on Friday, 17 July, reported a 22.40% year-on-year (YoY) fall in its consolidated net profit (attributable to owners of the company) to ₹20,946 crore for the April-June quarter of the financial year 2026-27 (Q1FY27).
In the corresponding quarter of the previous financial year, the company’s profit was ₹26,994 crore.
However, sequentially, or on a quarter-on-quarter (QoQ) basis, RIL’s Q1FY27 profit rose by 23.42% from ₹16,971 crore in Q4FY26.
RIL’s revenue from operations for the June quarter of FY27 rose by 25.41% YoY and 4.43% QoQ to ₹3,11,850 crore.
In the same quarter of FY26 (Q1FY26), Reliance’s revenue was ₹2,48,660 crore, while in Q4FY26, it was ₹2,98,621 crore.
RIL’s consolidated EBITDA at ₹54,067 crore rose by 10.1% YoY and 11.3% QoQ, while EBITDA margin slipped 210 bps YoY but increased 100 bps QoQ to 15.9%.
The company’s outstanding debt declined to ₹3,69,705 crore from ₹3,74,421 crore by the end of Q4FY26.
“Reliance has made a steady start to FY27, with all businesses delivering strong operating performance. Our diverse business portfolio has once again demonstrated its resilience in a quarter which witnessed continuing geopolitical tensions and volatile commodity markets,” Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries.
(This is a developing story. Please check back for fresh updates.)
About The Author
