Reliance Industries Limited (RIL) has announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a record quarterly revenue of ₹362,268 crore, marking a significant 27.8% increase year-on-year. EBITDA also hit a new high of ₹62,409 crore, up 23.9% YoY. Profit After Tax (PAT) for the quarter reached ₹29,550 crore, surging 33.8%.
Record Financial Performance in Q2 FY27
Reliance Industries Limited (RIL) has achieved record financial milestones for the second quarter and first half of the fiscal year ending September 30, 2026. The company announced a consolidated revenue of ₹362,268 crore for the quarter, an impressive 27.8% increase compared to the same period last year. This performance highlights the company’s robust growth trajectory and market leadership across its diverse business verticals.
EBITDA and Profitability Highlights
EBITDA for the quarter reached an all-time high of ₹62,409 crore, reflecting a substantial 23.9% year-on-year growth. This strong operational performance, coupled with efficient cost management, led to a significant increase in profitability. Profit After Tax (PAT) for the quarter stood at ₹29,550 crore, a remarkable 33.8% surge over the previous year. The first half of FY27 also saw PAT crossing the ₹50,000 crore mark.
Segmental Performance and Key Achievements
The company’s Oil to Chemicals (O2C) business delivered its best-ever performance with EBITDA at ₹25,203 crore, up 67.9% YoY. Digital Services EBITDA also grew strongly by 17.7% to ₹22,223 crore. A significant event for the quarter was the momentous capital market debut of Jio Platforms Limited (JPL), becoming India’s second most valuable company.
Consolidated Financial Highlights (Q2 FY27 vs. Q2 FY26)
The consolidated financial highlights showcase strong year-on-year growth:
- Gross Revenue: ₹362,268 crore (up 27.8%)
- EBITDA: ₹62,409 crore (up 23.9%)
- Profit After Tax: ₹29,250 crore (up 32.1%)
- Profit After Tax and Share of Profit/(Loss) of Associates & JVs: ₹29,550 crore (up 33.8%)
Key Operational Updates
Jio Platforms Limited (JPL) reported quarterly revenue growth of 11.3% YoY to ₹47,485 crore, with EBITDA up 16.6% YoY to ₹21,879 crore. JPL achieved milestones of 30 million Fixed Broadband and 300 million 5G mobility subscribers. Reliance Retail Ventures Limited (RRVL) saw revenue grow by 6.4% YoY to ₹91,716 crore, though EBITDA declined by 11.1% to ₹5,886 crore. The Oil to Chemicals (O2C) segment achieved record quarterly revenue of ₹231,601 crore, up 44.2% YoY, with EBITDA surging 67.9% to ₹25,203 crore. The Oil and Gas segment revenue marginally declined by 0.6% YoY to ₹6,020 crore, with EBITDA down 2.0% to ₹4,901 crore.
JioStar reported revenue growth of 10.1% YoY to ₹6,806 crore, with EBITDA at ₹1,372 crore. The quarter also saw the rebranding and relaunch of JioHotstar in international markets.
Source: BSE
