Reliance Industries Limited (RIL) reported a robust performance for FY 2025-26, achieving a consolidated revenue of ₹11,75,919 crore, marking a 9.8% YoY growth. Despite global disruptions and energy market volatility, the company delivered a 17.8% YoY growth in Profit After Tax (PAT), reaching ₹95,754 crore. This growth was driven by consistent performance across digital services, retail, and operational agility in the oil-to-chemicals segment, maintaining a solid foundation for sustainable future expansion.
Annual Financial Highlights
Reliance Industries demonstrated financial resilience throughout FY 2025-26. The group’s consolidated EBITDA increased by 13.4% to reach ₹2,07,911 crore. Consumer-facing businesses, including Digital Services and Retail, played a pivotal role, contributing over 55% of the total consolidated EBITDA. The standalone business reported a strong PAT of ₹43,851 crore, representing a 24.4% increase compared to the previous year.
Segment Performance Overview
The company’s diverse business portfolio showed strategic strengths despite a challenging global operating context:
- Digital Services: Jio Platforms reported a successful year with 14.6% revenue growth, driven by massive 5G user adoption. The total customer base reached 524 million, supported by a 52% EBITDA margin.
- Retail: The retail business achieved a gross revenue of ₹3,70,026 crore, reflecting a 12% YoY growth. Total store count expanded to 20,160, with significant growth in hyper-local commerce orders.
- Oil to Chemicals (O2C): Despite supply chain dislocations and volatility in the Middle East, the O2C segment managed to grow EBITDA by 10%. Operational agility, including diversified crude sourcing and optimized refinery outputs, allowed the company to maintain performance.
- Media and Entertainment: Jio Studios solidified its position as India’s leading content studio, achieving the highest-grossing Hindi film for the third consecutive year. The JioHotstar platform reached 500 million MAUs, bolstered by record-breaking sports viewership for the ICC T20 World Cup 2026.
Strategic Growth in New Energy
Reliance continues to advance its New Energy initiatives with a focus on indigenous manufacturing. Key highlights include achieving the ALMM for HJT solar modules and scaling toward an annual 20 GWp Solar PV manufacturing target. Additionally, the company is developing the world’s largest renewable energy project at Kutch with a target of over 150 GWp in installed capacity, ensuring a transition toward sustainable and long-term energy solutions.
Source: BSE
