In continuation of our letter of today's date on the Audited Financial Results (Consolidated and Standalone) for the quarter and and year ended March 31, 2026, we attach a copy of Media Release being issued by the Company.
RELIANCE · price
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Reliance Industries reported record full-year FY26 results with consolidated revenue of ₹11,75,919 crore (+9.8% Y-o-Y), EBITDA of ₹2,07,911 crore (+13.4%), and PAT of ₹95,610 crore (+18.3%). Q4 FY26 revenue grew 12.9% Y-o-Y to ₹3,25,290 crore but EBITDA was flat at ₹48,588 crore and PAT declined 8.9% to ₹20,589 crore due to higher depreciation and finance costs. Jio delivered strong Q4 with revenue up 12.7% and EBITDA up 17.9%, while its subscriber base crossed 524 million including 268 million 5G users. Reliance Retail crossed 20,000 stores (20,160) with revenue up 11.8% for the year. O2C annual revenue hit ₹6,62,401 crore (+5.7%) but Q4 EBITDA fell 3.7% due to geopolitical headwinds. Oil & Gas segment continued to decline with Q4 EBITDA down 18.1%. JioStar (media) reported 500 million MAUs and record 72.5 million peak concurrency during the T20 World Cup. The board announced a dividend of ₹6 per share.
Strong full-year profit growth reflects Reliance's diversified portfolio strength, though Q4 profit decline and rising net debt (₹1,24,717 crore) warrant attention. The announced Jio Platforms IPO is a major catalyst for re-rating. Dividends and consistent margin expansion in Jio are positives for long-term investors.