October 15, 2026 09:46 pm (IST)
Reliance Industries
Reliance Industries shares slip 1% as Q4 profit drops YoY
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.
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
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
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.
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.
#Reliance Industries Q4 results
# Reliance net profit decline
# Reliance share price fall
# RIL earnings FY26
# Reliance Industries Q4 FY26
# Mukesh Ambani company results
# Reliance EBITDA
# Reliance revenue growth
# Reliance 5G costs
# Indian stock market news
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