Reliance Industries has officially announced the approval of its audited consolidated and standalone financial results for FY26 at a Board meeting held on April 24, 2026. The company delivered exceptional performance with record annual consolidated PAT of ₹95,610 crore, representing an 18.3% year-on-year growth, while the Board recommended a dividend of ₹6 per equity share.

Board Meeting and Financial Results Approval

The Board of Directors meeting commenced at 5:30 p.m. (IST) and concluded discussions on financial results at 7:11 p.m. (IST). The Board approved both consolidated and standalone audited financial statements for the year ended March 31, 2026, as recommended by the Audit Committee.

Consolidated Financial Performance Highlights

The company's FY26 results demonstrate robust growth across key financial metrics, with consumer businesses contributing more than 55% of consolidated EBITDA. The performance reflects the benefits of Reliance's diversified business model despite challenging macroeconomic conditions.

Digital Services Excellence

Jio Platforms delivered exceptional performance in FY26, achieving significant milestones in connectivity and financial metrics. The digital services segment reported robust growth driven by subscriber additions and improved customer engagement.

Jio achieved 75 million net additions in FY26 while maintaining its leadership position. Fixed broadband base crossed 27.1 million subscribers, with AirFiber reaching approximately 13 million subscribers and driving over 75% of net additions in the past 12 months.

Retail Business Performance

Reliance Retail delivered steady operating and financial performance in FY26, with gross revenue reaching ₹3,70,026 crore, up 11.8% YoY. The segment expanded its footprint with 1,564 stores opened during FY26.

Regulatory Compliance and Next Steps

The company has submitted audited financial results to BSE Limited and National Stock Exchange of India Limited under Regulation 33 of SEBI Listing Regulations. The results include unmodified audit opinions from statutory auditors Deloitte Haskins & Sells LLP and Chaturvedi & Shah LLP. The company will announce the Annual General Meeting date and dividend payment schedule in due course, subject to shareholder approval.

Reliance Industries has expanded its compressed natural gas (CNG) outlet network through the addition of new BP Mobility sites, strengthening the company's presence in the alternative fuel retail segment.

Network Expansion Initiative

The company has integrated additional BP Mobility locations into its existing CNG infrastructure, enhancing its retail fuel distribution capabilities. This expansion reflects Reliance Industries' ongoing commitment to developing its alternative fuel retail network.

Strategic Infrastructure Development

The addition of new BP Mobility sites represents a strategic move to broaden the company's CNG retail footprint. This development aligns with the growing demand for compressed natural gas as an alternative fuel option in the Indian market.

Market Position Enhancement

Through this network expansion, Reliance Industries continues to strengthen its position in the retail fuel segment. The integration of BP Mobility sites into the CNG outlet network demonstrates the company's focus on expanding its alternative fuel distribution infrastructure.