Reliance Industries Posts ₹18,645 Crore Net Profit in Q3 FY26

Reliance Industries Limited (RIL), India’s most valuable company by market capitalisation, reported a consolidated net profit of ₹18,645 crore for the third quarter of FY 2025–26. The company delivered steady performance across key businesses including Jio, retail, digital services, and oil-to-chemicals, supported by strong revenue growth and stable margins.

Reliance Industries Q3 FY26 Financial Performance

Total Income

During the third quarter of FY26, Reliance Industries recorded a total income of ₹2.74 lakh crore, marking a nearly 1% year-on-year increase.
In the corresponding quarter last year, the company had reported a total income of ₹2.48 lakh crore.

Net Profit

After accounting for expenses such as employee costs, taxes, and raw material prices, the company posted a consolidated net profit of ₹18,645 crore.
This represents a 1% increase compared to ₹18,540 crore reported in the October–December quarter of FY25.

Revenue Growth in Q3 FY26

Revenue Rises 10.5%

Reliance generated ₹2.94 lakh crore in revenue from products and services during the quarter, reflecting a 10.5% year-on-year growth.
In Q3 FY25, the company had recorded revenue of ₹2.67 lakh crore.

Segment-wise Performance in Q3 FY26

Reliance Industries operates across five major business segments: Reliance Jio, Retail, Digital, Oil-to-Chemicals (O2C), and Oil & Gas. Here is a detailed breakdown of each segment’s performance.

Reliance Jio (Consolidated, YoY)

• Net Profit:
  Profit increased 11.2%, rising from ₹6,861 crore in Q3 FY25 to ₹7,629 crore in Q3 FY26.

• Revenue:
  Revenue grew 12.7% to ₹37,262 crore, compared to ₹33,074 crore in the same quarter last year.

• ARPU (Average Revenue Per User):
  ARPU improved 1.08%, increasing from ₹211.4 to ₹213.7 during the quarter.

Oil-to-Chemicals and Other Businesses (Consolidated, YoY)

Oil-to-Chemicals (O2C)

• Revenue rose 8.7%, increasing from ₹1.49 lakh crore to ₹1.62 lakh crore.

Oil & Gas

• Revenue declined 8.4%, falling from ₹6,370 crore to ₹5,833 crore.

Retail

• Revenue grew 8.3%, rising from ₹90,351 crore to ₹97,912 crore.

Digital Services

• Revenue increased 12.3%, moving up from ₹39,733 crore to ₹44,653 crore.

Other Businesses

• Revenue surged 46%, jumping from ₹12,236 crore to ₹17,868 crore.

Reliance Industries Share Performance

Ahead of the Q3 FY26 results announcement on January 16, Reliance Industries shares closed 0.15% higher at ₹1,461.

• 5-day performance: Up 0.17%

• 1-month performance: Down 5%

• 6-month performance: Down 2%

• Year-to-date (from January 1): Down 7%

• 1-year performance: Up 15%

The company’s market capitalisation stands at ₹19.72 lakh crore.

About Reliance Industries

Reliance Industries is India’s largest private-sector company, with operations spanning:

• Hydrocarbon exploration and production

• Petroleum refining and marketing

• Petrochemicals

• Advanced materials and composites

• Renewable energy

• Digital services

• Retail businesses