Reliance Industries posted a 22% fall in consolidated net profit for the first quarter of FY27 at ₹20,946 crore compared with ₹26,994 crore last year. The decline was mainly due to a one‑time exceptional gain in the previous year.
Revenue rose 25% to ₹3.11 lakh crore, showing strong growth despite global volatility. Operating profit or EBITDA increased 10% to ₹54,067 crore with margins at 15.9%. Debt reduced to ₹3.69 lakh crore from ₹3.74 lakh crore. Capital expenditure stood at ₹38,682 crore, focused on oil to chemicals and new energy projects.
Jio Platforms reported revenue of ₹39,173 crore, up 11.8% YoY, and net profit of ₹7,764 crore, up 9.2%. Average revenue per user rose to ₹215.6 from ₹208.8. Reliance Retail revenue grew 7.4% to ₹90,408 crore but net profit fell 14.2% to ₹2,806 crore due to investments in quick commerce. Oil and gas revenue rose 3.2% to ₹6,298 crore.
Mukesh Ambani said Reliance made a steady start to FY27 with resilience across businesses despite geopolitical tensions and commodity swings. RIL shares closed 2.6% higher at ₹1,326.50 before results though the stock remains down 15.7% in 2026.