Mumbai, April 25: Reliance Industries Limited, led by Mukesh Ambani, reported a consolidated net profit of ₹20,589 crore for Q4 FY26, marking an 8.9% year-on-year decline, even as strong revenue growth across key segments supported overall performance.
Gross revenue for the quarter rose 12.9% YoY to ₹3,25,290 crore, driven by robust momentum in the oil-to-chemicals (O2C), digital services, and retail businesses. However, the oil and gas segment saw a decline due to natural depletion in KG-D6 gas production.
The company announced a dividend of ₹6 per share for the quarter, while capital expenditure stood at ₹40,560 crore, reflecting continued investments in growth verticals.
Digital arm Jio Platforms delivered strong operational performance, with EBITDA rising 17.9% YoY to ₹20,060 crore and margins expanding by 230 basis points. Subscriber base crossed 524 million, including 268 million 5G users.
Retail subsidiary Reliance Retail reported a 3.1% increase in EBITDA to ₹6,921 crore, with its store network surpassing the 20,000 mark.
For the full year FY26, Reliance Industries posted a record consolidated net profit of ₹95,610 crore, up 18.3% YoY. Annual capital expenditure stood at ₹1,44,271 crore ($15.2 billion), with investments focused on O2C, new energy initiatives, and expansion of digital and retail infrastructure.
Commenting on future plans, Ambani highlighted progress toward the potential listing of Jio Platforms, positioning it as a key milestone in the group’s digital growth strategy. He added that sustained traction in mobility, broadband, and enterprise services continues to drive EBITDA growth, while investments in AI and next-generation technologies aim to shape India’s digital ecosystem.
