Archive · 18 Jul 2026
Reliance Industries Profit Falls 22% but Beats Estimates
Reliance Industries, a big company in India, recently reported its financial results for the last three months.
Their profit went down by 22.4% compared to the same time last year.
This drop happened because last year they had a big one-time gain from selling part of another company, Asian Paints.
But even without that gain, their regular profits went up by 6.1%.
The company made more money from selling oil and chemicals, and their telecom and retail businesses also did well.
The boss, Mukesh Ambani, said they had a good start to the new financial year, despite some problems in the world.
They spent a lot of money on new projects and reduced their debt.
Reliance Industries reported a 22.4% year-on-year decline in June quarter net profit to Rs 20,946 crore.
Revenue from operations rose 25.4% year-on-year to Rs 3,11,850 crore, beating estimates.
Ebitda increased 10.7% to Rs 47,517 crore, while Ebitda margin contracted to 15.2% from 17.3% a year ago.
The oil-to-chemicals business was the biggest contributor, with revenue up 30.4% and Ebitda up 17.2%.
Consumer businesses like Jio Platforms and Reliance Retail showed strong performance, with revenue growth of 12% and 7.4% respectively.
- Who
- Reliance Industries (RIL)
- What
- Reported a 22.4% year-on-year decline in June quarter consolidated net profit
- When
- June quarter
- Where
- India
- Why
- The decline was due to a one-time gain from the sale of its stake in Asian Paints in the corresponding quarter last year.
Market Optimism
Profit Decline Concerns
Profit Performance
Market Optimism
The company's operating performance exceeded market expectations, with revenue, operating profit, and net profit all beating estimates.
Profit Decline Concerns
The 22.4% year-on-year decline in net profit is a significant drop, raising concerns about financial health.
Ebitda Margin
Market Optimism
The company's Ebitda margin contracted to 15.2% from 17.3% a year ago, indicating cost pressures.
Profit Decline Concerns
Despite the contraction, the Ebitda margin remains robust, reflecting strong operational efficiency.
- Net Profit
- Rs 20,946 crore (down 22.4% YoY)
- Revenue from Operations
- Rs 3,11,850 crore (up 25.4% YoY)
- Ebitda
- Rs 47,517 crore (up 10.7% YoY)
- Ebitda Margin
- 15.2% (down from 17.3% YoY)
- Capital Expenditure
- Rs 38,682 crore
- Net Debt
- Rs 1.23 lakh crore (down from Rs 1.25 lakh crore)
- Net Debt-to-Ebitda Ratio
- 0.57
Sources
Reliance Industries profit falls 22%; beats estimates
Reliance Industries Q1 FY27: Oil-to-Chemicals EBITDA up 17%; solar, battery plans progress
Reliance posts 22% drop in June quarter profit
Reliance Q1 profit beats estimates at Rs 23,001 crore on strong refining, Jio growth
