Reliance Industries posts Rs 30,783 cr profit in Q1, retail and financial arms fuel strong start to FY26

Reliance Industries Ltd (RIL) posted a consolidated net profit of Rs 30,783 crore for the quarter ended June 30, 2025. Total revenue for the conglomerate stood at Rs 2.73 lakh crore, reflecting strong performance across its diverse business segments.

Retail segment grows 11 percent

According to a Moneycontrol report, Reliance Retail delivered robust results with a 11.3 percent year-on-year rise in revenue, reaching Rs 84,171 crore. EBITDA rose 12.7 percent to Rs 6,381 crore. The FMCG division continued its rapid growth trajectory, clocking Rs 11,450 crore in sales during just its second year of operations.

Aggressive expansion and customer growth

The retail arm maintained its expansion momentum, opening 388 new stores in the quarter. This took the total store count to 19,592, covering 77.6 million square feet of retail space. The registered customer base grew to 358 million, while total transactions surged 16.5 percent year-on-year to 389 million, reinforcing Reliance Retail’s market dominance.

Jio Financial delivers steady earnings

Earlier, Jio Financial Services Ltd, a subsidiary of RIL, reported a consolidated net profit of Rs 325 crore for Q1 FY26. Revenue from operations stood at Rs 612 crore and the company booked an exceptional gain of Rs 28.57 crore in the quarter.

Mukesh Ambani: Strong start to FY26

“Reliance has begun FY26 with a robust, all-round operational and financial performance. Consolidated EBITDA for 1Q FY26 improved strongly from a year-ago period, despite significant volatility in global macros,” said Reliance Industries chairman Mukesh Ambani.

RIL shares outperform market

RIL’s stock has climbed 22 percent so far in 2025, significantly outperforming the NSE Nifty 50 Index, which has gained just 6 percent. This marks the company’s strongest relative performance in five years. With $40 billion added to its market capitalisation this year, RIL has contributed nearly a third of the Nifty’s total value addition.

According to a Bloomberg report, analysts attribute this rally to improved refining margins and continued strength in its telecom and retail businesses.

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