Reliance Industries Ltd

Reliance Industries has received a letter from PFC consulting informing the annulment of the existing bidding process. Accordingly, the Company will not be acquiring any stake in Kandla GHA Transmission.

Reliance Industries Ltd is up for a third straight session in a row. The stock is quoting at Rs 1416.6, up 1.99% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.36% on the day, quoting at 24321.3. The Sensex is at 77951.82, up 1.39%. Reliance Industries Ltd has risen around 5.41% in last one month. Meanwhile, Nifty Energy index of which Reliance Industries Ltd is a constituent, has risen around 18.49% in last one month and is currently quoting at 40990.7, up 0.74% on the day. The volume in the stock stood at 146.99 lakh shares today, compared to the daily average of 216.87 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 1421.5, up 1.97% on the day. Reliance Industries Ltd is up 0.83% in last one year as compared to a 0.05% drop in NIFTY and a 20.59% drop in the Nifty Energy index.The PE of the stock is 42.87 based on TTM earnings ending March 26.

The Nifty May 2026 futures closed at 24,081.10 a premium of 85.40 points compared with the Nifty's closing at 23,995.70 in the cash market. In the cash market, the Nifty 50 index slipped 97 points or 0.40% to 23,995.70. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, dropped 1.79% to 18.05. Reliance Industries, Eternal and Infosys (Infy) were the top-traded individual stock futures contracts in the F&O segment of the NSE. The May 2026 F&O contracts will expire on 26 May 2026.

The company's consolidated profit after tax including share of profit/(loss) of associates and JVs fell 8.9% YoY to Rs 20,589 crore in Q4 FY26. Profit before tax stood at Rs 27,195 crore, down 6.6% YoY. Gross revenue rose 12.9% YoY to Rs 325,290 crore, supported by robust momentum in its oil-to-chemicals (O2C), digital services and retail businesses. However, the oil and gas segment weighed on overall performance due to a natural decline in KG-D6 gas production. EBITDA remained stable at Rs 48,588 crore during the quarter, as strong earnings growth in digital services and a positive contribution from retail were offset by weakness in energy businesses. On the cost front, depreciation increased 9.9% YoY to Rs 14,808 crore, while finance costs rose 7.0% YoY to Rs 6,585 crore, primarily due to the operationalisation of 5G spectrum assets. Tax expenses declined marginally by 1.3% YoY to Rs 6,579 crore. For the full year FY26, profit after tax including associates and JVs rose 17.8% YoY to Rs 95,754 crore. Gross revenue increased 9.8% YoY to Rs 11,75,919 crore, while EBITDA grew 13.4% YoY to Rs 207,911 crore. Annual depreciation rose 8.6% YoY to Rs 57,688 crore, driven by higher charges in the digital services business. Finance costs climbed 11.5% YoY to Rs 27,061 crore, again linked to 5G investments, while tax expenses increased 9.2% YoY to Rs 27,552 crore. Capital expenditure for the year stood at Rs 144,271 crore, reflecting continued investments across O2C, retail, telecom and new energy initiatives. Chairman Mukesh Ambani said the company navigated a challenging macro environment marked by geopolitical tensions, volatile energy prices and shifting global trade dynamics, supported by its diversified and domestically focused portfolio. Segment Performance (Q4 FY26): Jio Platforms delivered strong growth during the quarter, with revenue rising 12.7% YoY to Rs 44,928 crore and profit increasing 13% YoY to Rs 7,935 crore. EBITDA grew 17.9% YoY to Rs 20,060 crore, supported by subscriber additions, higher ARPU and margin expansion. ARPU stood at Rs 214, up 3.8% YoY, aided by better subscriber mix and engagement, though partly impacted by fewer days in the quarter. The subscriber base crossed 524 million, including 268 million 5G users. Reliance Retail also posted steady growth, with revenue rising 10.8% YoY to Rs 98,232 crore. EBITDA came in at Rs 6,921 crore, up 3.1% YoY, while profit rose marginally by 0.5% YoY to Rs 3,563 crore. The business added 1,564 stores during FY26, taking the total count to 20,160, while its customer base expanded to 387 million. The O2C segment saw revenue increase 12.4% YoY to Rs 184,944 crore, aided by higher crude prices and improved domestic fuel volumes. However, EBITDA declined 3.7% YoY to Rs 14,520 crore due to elevated feedstock costs, higher freight and insurance expenses, under-recoveries in fuel retailing, and the impact of export duties. In the oil and gas segment, revenue fell 8.9% YoY due to lower gas price realisations and reduced volumes from KG-D6. EBITDA declined 18.1% YoY to Rs 4,195 crore, impacted by higher operating costs and government levies. Meanwhile, the JioStar business reported revenue of Rs 9,784 crore and EBITDA of Rs 827 crore for the quarter, with strong traction in digital streaming and broadcast viewership. Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. The counter was trading up 1% at Rs 1339.90 on the BSE.

Securities in F&O Ban: Shares of Steel Authority of India (SAIL) are banned from F&O trading on 27 April 2026. Q4 Results To Watch: Varun Beverages, Coal India, Adani Total Gas, AU Small Finance Bank, Aye Finance, Bajaj Housing Finance, Canara Robeco Asset Management Company , Agi Greenpac , Astec Lifesciences , City Union Bank , Prataap Snacks , Huhtamaki India , Jindal Saw , Kirloskar Pneumatic Company , Mahindra Holidays & Resorts India , Nippon Life India Asset Management , The Phoenix Mills , Piramal Finance , Punjab & Sind Bank, Rallis India , Rossari Biotech , SBI Cards and Payment Services , Supreme Industries , Tamilnad Mercantile Bank , UltraTech Cement , Unicommerce Esolutions, and Websol Energy System will declare their results later today. Stocks to Watch: Reliance Industries reported a mixed performance for the March quarter, with profit declining even as revenue growth remained strong across key segments. The company's consolidated profit after tax including share of profit/(loss) of associates and JVs fell 8.9% YoY to Rs 20,589 crore in Q4 FY26. Gross revenue rose 12.9% YoY to Rs 325,290 crore, supported by robust momentum in its oil-to-chemicals (O2C), digital services and retail businesses. However, the oil and gas segment weighed on overall performance due to a natural decline in KG-D6 gas production. Axis Bank reported a 0.64% marginally decrease in standalone net profit to Rs 7,071.31 crore in Q4 FY26 as against Rs 7,117.50 crore in Q4 FY25. Total income increased 1.90% year on year (YoY) to Rs 38,746.64 crore in Q4 FY26. The bank's net interest income (NII) for Q4 FY26 stood at Rs 14,457 crore up 5% YOY basis. Net Interest Margin (NIM) for Q4 FY26 stood at 3.62%. Core operating profit stood at Rs 10,619 crore. The bank's board also approved plan to raise up to Rs 55,000 crore. This includes up to Rs 35,000 crore via debt instruments such as bonds and debentures, and up to Rs 20,000 crore through equity issuance, including QIP, ADRs, GDRs or other permissible routes, subject to shareholder and regulatory approvals. IDFC FIRST Bank's standalone net profit rose 4.9% to Rs 318.94 crore on 7.73% increase in total income to Rs 12,182.81 crore in Q4 March 2026 over Q4 March 2025. One91 Communication (Paytm) announced that the Reserve Bank of India has cancelled the banking licence of its associate entity, Paytm Payments Bank with effect from the close of business on 24 April 2026, citing regulatory violations and concerns over depositor interest and governance. L&T Finance has reported a 26.79% rise in consolidated net profit to Rs 806.63 crore on a 18.47% increase in total income to Rs 4,771.10 crore in Q4 FY26 over Q4 FY25. The company has recommended a final dividend of Rs 2.75 per equity share (face value Rs 10) for FY26, subject to shareholder approval at the AGM. The dividend will be paid within 30 days of approval. RBL Bank's standalone net profit surged 234.37% YoY to Rs 229.71 crore in Q4 FY26 as against Rs 68.70 crore posted in Q4 FY25. Total income increased 7.01% year on year (YoY) to Rs 4,789.21 crore in the quarter ended 31 March 2026.

The company's consolidated profit after tax including share of profit/(loss) of associates and JVs fell 8.9% YoY to Rs 20,589 crore in Q4 FY26. Profit before tax stood at Rs 27,195 crore, down 6.6% YoY. Gross revenue rose 12.9% YoY to Rs 325,290 crore, supported by robust momentum in its oil-to-chemicals (O2C), digital services and retail businesses. However, the oil and gas segment weighed on overall performance due to a natural decline in KG-D6 gas production. EBITDA remained stable at Rs 48,588 crore during the quarter, as strong earnings growth in digital services and a positive contribution from retail were offset by weakness in energy businesses. On the cost front, depreciation increased 9.9% YoY to Rs 14,808 crore, while finance costs rose 7.0% YoY to Rs 6,585 crore, primarily due to the operationalisation of 5G spectrum assets. Tax expenses declined marginally by 1.3% YoY to Rs 6,579 crore. For the full year FY26, profit after tax including associates and JVs rose 17.8% YoY to Rs 95,754 crore. Gross revenue increased 9.8% YoY to Rs 11,75,919 crore, while EBITDA grew 13.4% YoY to Rs 207,911 crore. Annual depreciation rose 8.6% YoY to Rs 57,688 crore, driven by higher charges in the digital services business. Finance costs climbed 11.5% YoY to Rs 27,061 crore, again linked to 5G investments, while tax expenses increased 9.2% YoY to Rs 27,552 crore. Capital expenditure for the year stood at Rs 144,271 crore, reflecting continued investments across O2C, retail, telecom and new energy initiatives. Chairman Mukesh Ambani said the company navigated a challenging macro environment marked by geopolitical tensions, volatile energy prices and shifting global trade dynamics, supported by its diversified and domestically focused portfolio. Segment Performance (Q4 FY26): Jio Platforms delivered strong growth during the quarter, with revenue rising 12.7% YoY to Rs 44,928 crore and profit increasing 13% YoY to Rs 7,935 crore. EBITDA grew 17.9% YoY to Rs 20,060 crore, supported by subscriber additions, higher ARPU and margin expansion. ARPU stood at Rs 214, up 3.8% YoY, aided by better subscriber mix and engagement, though partly impacted by fewer days in the quarter. The subscriber base crossed 524 million, including 268 million 5G users. Reliance Retail also posted steady growth, with revenue rising 10.8% YoY to Rs 98,232 crore. EBITDA came in at Rs 6,921 crore, up 3.1% YoY, while profit rose marginally by 0.5% YoY to Rs 3,563 crore. The business added 1,564 stores during FY26, taking the total count to 20,160, while its customer base expanded to 387 million. The O2C segment saw revenue increase 12.4% YoY to Rs 184,944 crore, aided by higher crude prices and improved domestic fuel volumes. However, EBITDA declined 3.7% YoY to Rs 14,520 crore due to elevated feedstock costs, higher freight and insurance expenses, under-recoveries in fuel retailing, and the impact of export duties. In the oil and gas segment, revenue fell 8.9% YoY due to lower gas price realisations and reduced volumes from KG-D6. EBITDA declined 18.1% YoY to Rs 4,195 crore, impacted by higher operating costs and government levies. Meanwhile, the JioStar business reported revenue of Rs 9,784 crore and EBITDA of Rs 827 crore for the quarter, with strong traction in digital streaming and broadcast viewership. Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. The counter fell 1.15% to settle at Rs 1327.65 on Friday, 24 April 2026.

Reliance Industries announced that the Board of Directors of the Company at its meeting held on 24 April 2026, inter alia, have recommended the final dividend of Rs 6 per equity Share (i.e. 60%) , subject to the approval of the shareholders.

Net profit of Reliance Industries declined 12.55% to Rs 16971.00 crore in the quarter ended March 2026 as against Rs 19407.00 crore during the previous quarter ended March 2025. Sales rose 12.50% to Rs 294059.00 crore in the quarter ended March 2026 as against Rs 261388.00 crore during the previous quarter ended March 2025. For the full year,net profit rose 15.98% to Rs 80775.00 crore in the year ended March 2026 as against Rs 69648.00 crore during the previous year ended March 2025. Sales rose 9.59% to Rs 1057219.00 crore in the year ended March 2026 as against Rs 964693.00 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales294059.00261388.00 12 1057219.00964693.00 10 OPM %15.0116.77 -16.9317.15 - PBDT42003.0042582.00 -1 180850.00159153.00 14 PBT27195.0029103.00 -7 123162.00106017.00 16 NP16971.0019407.00 -13 80775.0069648.00 16 Powered by Capital Market - Live

Reliance Industries will hold a meeting of the Board of Directors of the Company on 24 April 2026.

Reliance Industries has allotted 66,088 equity shares under ESOP on 16 April 2026.