Reliance Industries: Board Approves Q2 Results, Authorizes ₹15,000 Cr Debenture Issue

Reliance Industries Limited’s Board of Directors has approved the unaudited financial results for the quarter and half-year ended September 30, 2026. Concurrently, the board authorized the issuance of listed, secured/unsecured, redeemable non-convertible debentures up to ₹15,000 crore. This strategic move underscores the company’s robust financial performance and its proactive approach to capital management.

Reliance Industries Board Approves Financial Results and Debt Issuance

At a meeting held on October 30, 2026, the Board of Directors of Reliance Industries Limited has officially approved the unaudited financial results for both the quarter and the half-year period concluding on September 30, 2026. These results were reviewed and recommended by the Audit Committee.

Significant Fundraising Authorization

In a parallel development, the board has passed an enabling resolution that authorizes the issuance of listed, secured or unsecured, redeemable non-convertible debentures. This issuance can occur in one or more tranches, via private placement, with an aggregate value not exceeding ₹15,000 crore (Rupees Fifteen Thousand Crore only). This action demonstrates the company’s strategic approach to managing its capital structure and financing needs.

Financial Performance Highlights

The accompanying financial statements, which have undergone an Independent Auditor’s Review Report, detail the company’s performance. For the half-year ended September 30, 2026, Reliance Industries reported total income of ₹657,054 crore and a profit before tax of ₹69,243 crore. The net profit after tax stood at ₹52,251 crore.

On a standalone basis for the same period, the company reported total income of ₹340,681 crore and a profit before tax of ₹37,939 crore, with a net profit after tax of ₹28,626 crore.

Segment Performance Overview

The consolidated segment information for the half-year ended September 30, 2026, highlights the performance across various business verticals. The ‘Oil to Chemicals’ segment recorded revenue from operations of ₹433,404 crore and segment results (EBITDA) of ₹42,213 crore. The ‘Digital Services’ segment generated revenue from operations of ₹95,386 crore with segment results (EBITDA) of ₹43,478 crore.

For the standalone entities, the ‘Oil to Chemicals’ segment’s revenue from operations was ₹332,831 crore, with segment results (EBITDA) of ₹35,718 crore. The ‘Digital Services’ segment reported revenue from operations of ₹786 crore and segment results (EBITDA) of ₹438 crore.

Balance Sheet Snapshot

As of September 30, 2026, Reliance Industries’ consolidated total assets stood at ₹2,275,033 crore, with total equity at ₹1,132,648 crore. Non-current liabilities amounted to ₹582,621 crore, while current liabilities were ₹559,764 crore.

Source: BSE

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