Reliance Industries reported a consolidated net profit of ₹23,196 crore for the quarter ended June 30, 2026, representing a 6.1% increase from the same period last year. The company achieved its highest ever quarterly recurring EBITDA of ₹54,067 crore, growing 10.1% year-on-year. Revenue from operations for the quarter stood at ₹340,257 crore, reflecting a 24.5% growth driven by strong performance across its Oil to Chemicals (O2C), Retail, and Digital Services segments. The Board of Directors approved the unaudited financial results at a meeting held on July 17, 2026. The O2C business delivered a good performance during the quarter despite a challenging global energy market and supply chain pressures.

Financial Performance

The company's Profit After Tax (PAT) stood at ₹23,001 crore for the quarter, compared to ₹21,757 crore in the previous year. Total income for the period was ₹340,257 crore. The statutory auditors, Deloitte Haskins & Sells LLP and Chaturvedi & Shah LLP, conducted a limited review of the results.

The table below summarises the key financial metrics for the quarter:

EBITDA and Margin

Reliance Industries delivered a notable improvement in operating profitability during the quarter. EBITDA came in at ₹54,067 crore, compared to ₹49,100 crore in Q1FY26, reflecting stronger operational efficiency across segments. The EBITDA margin stood at 15.9%, compared to 18.0% in the previous year.

Segment Results

Operational performance was driven by key segments including Oil to Chemicals (O2C), Retail, and Digital Services. The O2C segment, which navigated a tough global energy market and supply chain challenges, reported revenue of ₹201,803 crore. Retail and Digital Services recorded revenues of ₹90,408 crore and ₹45,961 crore respectively. The total segment EBITDA for the quarter was ₹54,067 crore.

Strategic Developments

Beyond its quarterly results, Reliance Industries is progressing with the gradual launch of its New Energy projects. The company also has plans to unlock value through an initial public offering (IPO) of Jio, its digital services arm, as part of its broader strategic roadmap.

Key Ratios and Notes

The company reported a basic earnings per share (EPS) of ₹15.48 for the quarter. Other income for the quarter ended June 30, 2025, included ₹8,924 crore from the sale of listed investments. Total Non-Convertible Debentures outstanding as of June 30, 2026, were ₹27,389 crore, with secured debentures amounting to ₹20,000 crore.

Reliance Industries witnessed a notable block trade on the National Stock Exchange (NSE), with the transaction aggregating to a value of ₹19.03cr. The deal involved approximately 143572 shares, executed at a price of ₹1325.30 per share, indicating significant large-ticket participation in the stock.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on the NSE:

Overview

Block trades of this scale are typically associated with institutional investors, mutual funds, or other large market participants executing bulk transactions outside the regular market order book. The execution of such trades on the NSE at a defined price point reflects concentrated activity in Reliance Industries shares at the ₹1325.30 level.