By Planet Report Hub | Business News
Mukesh Ambani-led Reliance Industries Limited (RIL) on Thursday reported its consolidated financial results for Q2 FY26, posting a net profit of Rs 18,165 crore, reflecting a 10% year-on-year (YoY) growth.
Key Highlights of RIL’s Q2 FY26 Performance
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Consolidated Revenue: Rs 2.07 lakh crore, up 12% YoY.
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Net Profit: Rs 18,165 crore, up 10% YoY.
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EBITDA: Rs 28,500 crore, showcasing a marginal improvement over Q2 FY25.
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Refinery Segment: Maintained strong margins despite volatile crude prices.
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Digital & Retail Segments: Continued growth, driven by Reliance Jio and Reliance Retail.
Segment-wise Performance
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Oil-to-Chemicals (O2C) Business: Steady performance with robust refining margins, offsetting global crude price fluctuations.
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Reliance Retail: Experienced double-digit revenue growth, driven by expansion into grocery, fashion, and digital commerce.
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Reliance Jio: Added millions of subscribers, boosting revenue and EBITDA contributions.
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Renewables & New Energy: Continued investment in green energy projects, signaling long-term diversification strategy.
Management Commentary
Mukesh Ambani, Chairman and Managing Director of RIL, said,
“Our performance this quarter reflects the resilience of our diversified business model. While global economic conditions remain challenging, we continue to focus on growth sectors like digital services, retail, and clean energy.”
Market Reaction
Following the announcement, RIL shares saw a marginal uptick of 0.8% in early trading, reflecting investor confidence in the company’s strong fundamentals and strategic growth initiatives.
Outlook
Analysts expect Reliance Industries to maintain momentum in its digital, retail, and renewable energy segments, while the O2C business navigates global crude volatility. With strategic expansions underway, RIL aims to strengthen its position as India’s largest private sector conglomerate.
FAQs
1. What was Reliance Industries’ net profit in Q2 FY26?
Reliance Industries reported a consolidated net profit of Rs 18,165 crore, up 10% year-on-year (YoY).
2. What was RIL’s consolidated revenue for Q2 FY26?
RIL’s consolidated revenue stood at Rs 2.07 lakh crore, showing a 12% increase YoY.
3. Which RIL segments contributed most to growth?
Key growth drivers included:
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Reliance Retail: Strong expansion in grocery, fashion, and e-commerce.
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Reliance Jio: Added millions of subscribers, boosting digital revenue.
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Oil-to-Chemicals (O2C) Business: Maintained stable refining margins.
4. How did the stock market react to RIL’s Q2 results?
RIL shares saw a marginal rise of 0.8% in early trading, reflecting investor confidence in the company’s diversified business model.
5. Did RIL report improvements in EBITDA?
Yes, RIL posted an EBITDA of Rs 28,500 crore, showing a slight improvement compared to Q2 FY25.
6. What is Mukesh Ambani’s comment on the results?
Mukesh Ambani stated:
“Our performance this quarter reflects the resilience of our diversified business model. We continue to focus on growth sectors like digital services, retail, and clean energy.”
7. What is the outlook for Reliance Industries?
Analysts expect continued momentum in digital, retail, and renewable energy segments, while the O2C business navigates global crude price volatility.
8. Is Reliance Industries investing in new sectors?
Yes, RIL continues to invest in renewable energy, new energy solutions, and digital infrastructure, aiming for long-term growth and diversification.
