Q2 FY27 profit surges; retail margins remain under pressure

Management guided margin improvementManagement guided margin pressureInvestor Communications View source PDF Explain this filing

RELIANCE · price

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Price reactionminutes from the announcement price · days from the prior close

+9.4%Reaction day

₹1164.90

prior close

₹1228.10

announcement price

After-mkt

timing

Nifty 100market+1.7%+7.7% vs market

Refineries & Marketing peers, median of 11sector+2.0%+7.4% vs sector

On the reaction day the stock moved 7.7 pts more than Nifty 100 and 7.4 pts more than its Refineries & Marketing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.9

10m

-0.5

15m

+0.2

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+9.4+1.7+7.7+2.0+7.4

Next day

+11.7+3.2+8.5+2.6+9.1

+12.9+4.0+8.9+3.9+9.1

+12.7+6.4+6.3+2.5+10.2

+13.3pendingpending+2.2+11.1

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15d

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UpDownMarket · Nifty 100Sector · Refineries & Marketing peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Reliance reported Q2 FY27 operating profit before depreciation, interest and tax of Rs 62,409 crore, up 24% year on year, and profit after tax near Rs 30,000 crore, up 34%. Refining and chemicals operating profit rose 69% on tight fuel markets. Jio had 542 million users. Retail revenue rose 6.4%, but operating profit fell 11% as digital investments lowered margins; management expects recovery from better store productivity.

Likely market impact

Record profit and Jio's scale support sentiment, but retail margin pressure and reliance on unusually tight fuel markets may limit near-term gains.