Reliance Q1 results: Profit falls 22% YoY to ₹20,946 crore

Reliance Industries reported a 22.40% year-on-year fall in consolidated net profit to about Rs 20,946 crore for Q1FY27, compared with Rs 26,994 crore in the corresponding quarter last year. Sequentially, however, profit rose 23.42% from Rs 16,971 crore in Q4FY26, offering some offset to the annual decline.