Reliance Industries Limited has reported a strong performance for the first quarter of FY2026-27, with consolidated gross revenue rising 24.5% year-on-year to ₹3.40 lakh crore.
The company’s consolidated EBITDA rose 10.1% year-on-year to a record ₹54,067 crore, while profit after tax and share of profit from associates and joint ventures increased 6.1% to ₹23,196 crore.
Digital services remained a key growth driver, with Jio Platforms reporting record EBITDA of ₹20,865 crore, up 15.1% year-on-year. Jio’s total subscriber base crossed 533 million, including around 285 million 5G users.
Reliance’s Oil-to-Chemicals business also delivered strong growth, with EBITDA rising 17.2% year-on-year to ₹17,010 crore. The company’s retail business reported revenue of ₹90,408 crore and a registered customer base of 396 million.
The company also highlighted continued investments in its O2C, New Energy and consumer businesses, with capital expenditure during the quarter standing at ₹38,682 crore. JioStar also reported strong momentum, with revenue from operations growing 14% year-on-year and EBITDA from operations rising 30.7%.
