October 15, 2026 09:46 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Aamir Khan’s nephew Imran Khan asked to leave India by Oct 28 after joining anti-CEC protest | ‘Their crime? Demanding justice’: Rahul Gandhi slams 4 AM detention of Ankita Bhandari’s parents | ‘Bangladesh showed us the way’: Neha Bora’s remarks spark BJP attack on Rahul Gandhi | Chingrighata flyover skid scare: Bikes fall, anti-skid blocks installed overnight as Bengal Minister Agnimitra Paul faces criticism | Meerut blue drum murder case: Muskaan, her lover get death sentence | 'Rise up, young patriots!': American singer Mary Millben alleges CJP gets US funding, urges peaceful protests | 'Won't go unchallenged': Muhammad Yunus heckling in New York triggers legal action warning | flydubai cockpit attack probe widens: Two Maldivian pilots detained in UAE over links to Omani co-pilot | Netflix scores big FIFA deal: All 104 World Cup 2030 matches to stream live in Spain, Andorra | Jantar Mantar crackdown: CJP's Saurav Das, Ashutosh Ranka sent to jail for 5 days
Reliance Industries
Reliance Industries shares decline over 1%. Photo: ChatGPT

Reliance Industries shares slip 1% as Q4 profit drops YoY

| @indiablooms | Apr 27, 2026, at 11:58 am

Mumbai/IBNS: Shares of Reliance Industries fell over 1% on Monday after the company reported a year-on-year (YoY) decline in its consolidated net profit for the fourth quarter of fiscal year 2025–26, according to media reports.

The conglomerate posted a consolidated net profit of ₹16,971 crore for the quarter, down from ₹19,407 crore in the same period last year.

Net Profit Declines

Reliance’s YoY consolidated net profit dropped by around 12.5%, reflecting pressure on its core energy business despite steady growth in consumer-facing segments.

Revenue Sees Strong Growth

Gross revenue rose 12.9% YoY to ₹3,25,290 crore ($34.3 billion), driven by strong momentum across:
  • Oil-to-Chemicals (O2C)
  • Digital Services
  • Retail
Each of these segments reported double-digit growth, helping offset weaker energy performance.

EBITDA Remains Stable

EBITDA for the quarter stood largely unchanged at ₹48,588 crore ($5.1 billion).
 
Strong earnings from Digital Services and Retail were counterbalanced by a decline in energy businesses.

Rising Costs Impact Margins
  • Depreciation increased 9.9% YoY to ₹14,808 crore
  • Finance costs rose 7.0% YoY to ₹6,585 crore, primarily due to the operationalisation of 5G spectrum assets
  • Tax expenses dipped marginally by 1.3% YoY to ₹6,579 crore
Overall Profitability Under Pressure

Profit After Tax (PAT), including share of profit/(loss) from associates and joint ventures, fell 8.9% YoY to ₹20,589 crore ($2.2 billion).

Capex Remains High

Capital expenditure for the quarter ending March 31, 2026 stood at ₹40,560 crore ($4.3 billion), reflecting continued investment across telecom, retail, and energy verticals.

Energy Segment Drag

Revenue from the Oil and Gas segment declined, in line with the natural drop in KG-D6 gas production, impacting overall profitability.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.