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Quarterly Results

RELIANCE · Reliance Industries Limited · NSE · Filed 17 Jul · 1 min read

Reliance Q1 FY27: revenue rises on O2C and Retail, but attributable profit falls year-on-year

For the quarter ended June 30, 2026, Reliance posted higher consolidated revenue from operations but lower profit attributable to owners than a year earlier, per its unaudited results.

What was filed

On July 17, 2026, Reliance Industries filed its unaudited consolidated and standalone results for the quarter ended June 30, 2026, as the outcome of a Board meeting. The Audit Committee reviewed and the Board approved the results, and the statutory auditors — Deloitte Haskins & Sells LLP and Chaturvedi & Shah LLP — carried out a limited review with an unmodified conclusion. The Board meeting commenced at 5:30 p.m. and approved the results at 7:00 p.m. IST, with the meeting continuing thereafter.

The quarter in context

The filing shows consolidated revenue from operations higher than both the immediately preceding quarter (March 2026) and the year-ago June 2025 quarter, led by the Oil to Chemicals and Retail segments. Profit attributable to owners, however, came in below the year-ago quarter. One point matters when reading that comparison: per the filing's notes, Other Income for the year-ago June 2025 quarter included a non-recurring gain from the sale of listed investments, which lifted the prior-year base.

Reliance reports across five segments — Oil to Chemicals, Oil and Gas, Retail, Digital Services and Others. Segment-level EBITDA figures in the filing show O2C and Digital Services as the largest profit contributors for the quarter.

Balance-sheet notes

The filing states that total outstanding Non-Convertible Debentures of the Group as on June 30, 2026 were of the amounts noted in the panel, of which the secured portion is backed by a first charge on certain movable properties with security cover of more than 1.25 times principal and interest. During the quarter, per the auditor's report, one entity was converted to a subsidiary and one ceased to be an associate.

Consolidated revenue from operations (Q1 FY26)
₹248,660 → ₹311,850 crQ1 FY26 → Q1 FY27+25%
Net profit attributable to owners (Q1 FY27)
₹16,971 crore
Consolidated Profit Before Tax (Q1 FY27)
₹27,195 crore
Total Comprehensive Income (Q1 FY27)
₹13,398 crore
O2C segment revenue (Q1 FY27)
₹201,803 crore
Digital Services segment revenue (Q1 FY27)
₹46,900 crore
Retail segment revenue (Q1 FY27)
₹90,409 crore
Basic EPS consolidated (Q1 FY27)
See standalone; consolidated PBT/PAT reported
Total outstanding NCDs of the Group (as on June 30, 2026)
₹27,389 crore
Prior-year one-off in Other Income (Q1 FY26)
₹8,924 crore

‡ Computed by us from the filing’s own figures — not a company-stated number.

For a holder, the quarter pairs revenue growth with a year-on-year decline in attributable profit; the filing itself notes the year-ago comparison included a one-off gain from the sale of listed investments, which is relevant when reading the profit change. Segment disclosures show how O2C, Retail and Digital Services each contributed.

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