RIL AGM: Jio listing soon, but anybody's guess on Reliance Retail IPO. Here's what Mukesh Ambani said

At the Reliance Industries AGM, Mukesh Ambani provided no timeline for the much-anticipated Reliance Retail IPO, prioritising the upcoming Jio Platforms listing instead. Reliance Retail posted FY26 gross revenue of Rs 3.7 lakh crore, up 11.8 percent year-on-year, with EBITDA of Rs 27,033 crore and profit after tax rising 12 percent to Rs 13,838 crore. Meanwhile, Jio Platforms has filed its DRHP with Sebi for a public issue expected to raise around $3 billion, likely making it India's largest IPO.