In continuation of our letter of today''s date on the Consolidated and Standalone unaudited financial results for the quarter ended June 30, 2026, we attach a copy of media release being ....
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 17 Jul 2026, 07:22 PM IST · BSE ID: 04c71447-8195-43bd-abad-2767e57b9c9c
View Original BSE Filing (PDF)
💡
In Simple Terms
Reliance Industries reported its Q1 FY27 financial results, showing higher revenue and profit across its main businesses.
🤖 AI Summary
- Consolidated revenue for Q1 FY27 was ₹ 340,257 crore, marking a 24.5% Y-o-Y increase.
- Record quarterly Consolidated EBITDA on a recurring basis reached ₹ 54,067 crore, up 10.1% Y-o-Y.
- Consolidated PAT on a recurring basis stood at ₹ 23,196 crore, an increase of 6.1% Y-o-Y.
- Jio Platforms Limited (JPL) reported record EBITDA of ₹ 20,865 crore, growing 15.1% Y-o-Y.
- Oil to Chemicals (O2C) EBITDA increased by 17.2% Y-o-Y to ₹ 17,010 crore.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Gross Revenue
₹ 340,257 crore
24.5
EBITDA
₹ 54,067 crore
10.1
Profit After Tax and Share of Profit/(Loss) of Associates & JVs
₹ 23,196 crore
6.1
JPL EBITDA
₹ 20,865 crore
15.1
O2C EBITDA
₹ 17,010 crore
17.2
Jio total subscriber base
over 533 million
🏢 How This Affects the Company
Consolidated revenue increased by 24.5% Y-o-Y, primarily driven by O2C revenue up 30.4% Y-o-Y and JPL revenue up 12.0% Y-o-Y. JPL expanded its subscriber base to over 533 million with 285 million Jio True5G subscribers.
Consolidated PAT increased by 6.1% Y-o-Y to ₹ 23,196 crore, supported by a 10.1% Y-o-Y rise in EBITDA. Finance costs increased by 18.5% Y-o-Y to ₹ 8,337 crore, partly due to 5G asset capitalization.
Depreciation increased by 9.1% Y-o-Y to ₹ 15,100 crore, largely due to higher depreciation in Digital Services with capitalisation of 5G assets. Capital expenditure for the quarter was ₹ 38,682 crore, reflecting investments in O2C, New Energy, and consumer business infrastructure.
👥 What This Means For Shareholders
✅
Action Required
No action is required based on this financial results filing.
👤
Who Is Affected
All shareholders are affected as these results provide an overview of the company's financial performance for the quarter ended June 30, 2026, including consolidated revenue, EBITDA, and PAT.
🔍
Management Signal
Management indicates confidence in business resilience, continued growth in Digital Services and consumer businesses, and progress towards the Jio IPO.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — monitor consolidated revenue and PAT growth.
Jio Platforms IPO progress — track DRHP filing and market listing updates.
New Energy projects commissioning — observe timelines and initial production details.
LOW RISK
The filing indicates a steady performance across diverse businesses with no new immediate risks highlighted.
💡 Investor Takeaway
Reliance Industries reported Q1 FY27 consolidated revenue of ₹ 340,257 crore, up 24.5% Y-o-Y, and consolidated PAT on a recurring basis of ₹ 23,196 crore, up 6.1% Y-o-Y. Jio Platforms EBITDA grew 15.1% Y-o-Y to ₹ 20,865 crore.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated Gross Revenue increased by 24.5% Y-o-Y to ₹ 340,257 crore, indicating broad business growth.
- JPL's EBITDA reached a record ₹ 20,865 crore, up 15.1% Y-o-Y, with an EBITDA margin of 53.3%.
⚠️ Concerns
- Consolidated EBITDA margin decreased by 210 basis points Y-o-Y to 15.9%, despite absolute EBITDA growth.
- Finance Costs increased by 18.5% Y-o-Y to ₹ 8,337 crore, impacting net profit growth.
- Reliance Retail Ventures Limited (RRVL) EBITDA decreased 1.1% Y-o-Y to ₹ 6,309 crore with margin moderation of 80 bps.
📅 Company Track Record
Reliance Industries reported Q4 FY26 consolidated PAT of ₹ 20,616 crore, contributing to FY26 PAT of ₹ 95,610 crore. Jio Platforms EBITDA for Q4 FY26 was ₹ 20,060 crore. FY26 consumer businesses exceeded 55% EBITDA contribution.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Reliance Industries' consolidated Gross Revenue for Q1 FY27?
Reliance Industries reported consolidated Gross Revenue of ₹ 340,257 crore for the quarter ended June 30, 2026, an increase of 24.5% Y-o-Y.
What was the Profit After Tax (PAT) for Reliance Industries in Q1 FY27?
The consolidated Profit After Tax and Share of Profit/(Loss) of Associates & JVs for Reliance Industries in Q1 FY27 was ₹ 23,196 crore, representing a 6.1% Y-o-Y increase.
What was Jio Platforms Limited's (JPL) EBITDA in Q1 FY27?
Jio Platforms Limited (JPL) recorded an EBITDA of ₹ 20,865 crore in Q1 FY27, which is a 15.1% Y-o-Y increase, achieving an EBITDA margin of 53.3%.
How many total subscribers does Jio have as of June 2026?
Jio's total subscriber base stands at over 533 million as of June 2026, including 285 million Jio True5G subscribers.
What was the Y-o-Y change in O2C segment EBITDA for Reliance Industries in Q1 FY27?
The Oil to Chemicals (O2C) segment's EBITDA increased by 17.2% Y-o-Y, reaching ₹ 17,010 crore in Q1 FY27.
Questions based on this BSE filing only. For information purposes.