Listed below are key takeaways from its Q1 earnings:
1) Highest ever quarterly PATMukesh Ambani-led RIL reported a 78% year-on-year enhance in its Q1FY26 consolidated internet revenue to Rs 26,994 crore, in comparison with Rs 15,138 crore within the year-ago interval. The revenue, attributable to the house owners of the corporate, exceeded Avenue estimates of Rs 22,069 crore. The revenue after tax (PAT) grew 39% on a sequential foundation versus Rs 19,407 crore in Q4FY25.
The surge in revenue was primarily pushed by one-time achieve of Rs 8,924 crore from the sale of RIL’s stake in Asian Paints.
Additionally Learn: Reliance Industries Q1 Outcomes: Cons PAT jumps 78% YoY to Rs 26,994 cr, beats Avenue estimates
2) Income rise
The corporate’s income from operations rose 5.3% to Rs 2,48,660 crore versus Rs 2,36,217 crore within the yr in the past interval. Its gross income stood at Rs 2,73,252 crore within the quarter below overview. It was up 6% on a YoY foundation.
3) Working Revenue
The corporate’s Earnings Earlier than Curiosity, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 58,024 crore rising by 36% over Rs 42,748 crore reported within the yr in the past interval. In the meantime, the EBITDA margin within the reported quarter stood at 21.2% rising by 460 bps on a YoY foundation.
4) Internet debt
RIL’s internet debt as on June 30, 2025 stood at Rs 1,17,581 crore versus Rs 1,17,083 crore in Q4FY25 and Rs 1,12,341 crore in Q1FY25.
5) Jio Platforms Q1 stats
Reliance Jio, the telecom and digital arm of Reliance Industries reported a 25% YoY progress in its internet revenue at Rs 7,110 crore for the primary quarter. Whereas income from operations grew 19% YoY and stood at Rs 41,054 crore in the identical interval. The EBITDA Jumped 24% YoY to Rs 18,135 crore whereas EBITDA margin stood at 51.8%, rising 210 bps YoY.
The Common Income Per Person (ARPU) stood at Rs 208.8, up 15% YoY. JioTrue5G person base crossed the 200 million milestone throughout the quarter and now stands at 213 million as of June 2025.
Throughout the quarter, Jio reached the milestone of ~20 million linked premises with mounted broadband.
Learn extra: Reliance Jio Q1 Outcomes: PAT grows 25% YoY to Rs 7,110 crore; ARPU at Rs 208.8
6) Reliance Retail Ventures Q1 figures
Reliance Retail Ventures (RRVL) reported a 28% YoY progress in its internet revenue at Rs 3,271 crore for the primary quarter. Whereas income from operations grew 11% YoY and stood at Rs 73,720 crore in the identical interval.
EBITDA stood at Rs 6,381 crore, rising by 13% YoY whereas EBITDA margin was reported at 8.7%, recording a 20 bps uptick.
The enterprise expanded its retailer community with 388 new retailer openings taking the whole retailer depend to 19,592 with space below operation at 77.6 million sq. ft. The registered buyer base grew to 358 million. JioMart expanded fast hyper native deliveries registering 68% QoQ progress and 175% YoY progress of each day orders.
7) Oil to Chemical compounds (O2C) phase
Phase income for 1QFY26 is decrease by 1.5% YoY to Rs 154,804 crore ($ 18.1 billion) on account of fall in crude oil costs and decrease volumes on account of deliberate shutdown. Revenues have been supported by larger home placement of transportation fuels by the Jio-bp community.
Phase EBITDA for 1QFY26 elevated by 10.8% YoY to Rs 14,511 crore ($ 1.7 billion) on account of beneficial margins on home gasoline retail, enhancements in transportation gasoline cracks in addition to PP & PVC deltas. This was partially offset by decrease volumes on account of deliberate turnaround, and decline in polyester chain margins.
Learn Extra: Reliance Retail Q1 Outcomes: PAT rises 28% YoY to Rs 3,271 crore, income up 11%
8) Jio-bp replace
Reliance BP Mobility Restricted (RBML) working below model Jio-bp, operates a country-wide community of 1,991 shops versus 1,730 in 1QFY25. RBML quarterly gross sales for HSD (Excessive Velocity Diesel) grew at 34.2% and MS grew at 38.6% on YoY foundation as in opposition to business gross sales quantity progress price of (1.3%) for HSD and seven.1% for MS. RBML continued its sturdy gross sales clocking 172 TKL in 1QFY26 regardless of a number of disruptions throughout the quarter.
9) Oil & Gasoline exploration and manufacturing enterprise
1QFY26 income is decrease by 1.2% YoY primarily on account of decrease gross sales quantity of KGD6 fuel according to pure decline in manufacturing. Income was additionally impacted by decrease fuel worth for CBM fuel and decrease crude worth realisation. This was partly offset by larger KGD6 fuel worth. The typical worth realised for KGD6 fuel was $ 9.97/MMBTU in 1Q FY26 vis-à-vis $ 9.27/MMBTU in 1QFY25. The typical worth realised for CBM fuel was decrease at $9.90/MMBTU in 1Q FY26 vis-à-vis $11.59/MMBTU in 1Q FY25.
EBITDA declined 4.1% to Rs 4,996 crore on YoY foundation on account of decrease revenues coupled with larger working prices on account of upkeep exercise.
10) Administration commentary
Commenting on the outcomes, Chairman & Managing Director Mukesh Ambani stated that RIL has began FY26 with a sturdy, all-round operational and monetary efficiency. Consolidated EBITDA for 1QFY26 improved strongly from the year-ago interval, regardless of important volatility in world macros, he stated.
“Throughout the quarter, power markets encountered heightened uncertainty, with sharp fluctuations in crude costs. Our O2C enterprise delivered robust progress, with thrust on home demand achievement and providing value-added options by Jio-bp community. Efficiency was supported by enchancment in gasoline and downstream product margins. Pure decline in KGD6 fuel manufacturing resulted in marginally decrease EBITDA for the Oil & Gasoline phase,” Ambani stated.
On the retail enterprise, the CMD stated that RIL’s retail enterprise continues to reinforce its capability to meet on a regular basis in addition to specialised wants of all buyer cohorts, by a multi-channel method.
As for Jio, he stated that the enterprise scaled newer heights throughout the quarter together with crossing 200 million 5G subscribers and 20 million dwelling connections.
(Disclaimer: Suggestions, options, views and opinions given by the specialists are their very own. These don’t characterize the views of Financial Occasions)
