Reliance Industries reported a 22% drop in net profit for Q1 FY27, primarily due to a one-time stake sale in the previous year. Despite this, the company achieved a record quarterly EBITDA and a 25% increase in revenue.
₹15,750 crore
Consolidated Net Profit
Q1 FY26: ₹20,200 crore→₹15,750 crore
📊 One chart explains it
Reliance Industries Consolidated Revenue Growth (Q1 FY26 - Q1 FY27)
Takeaway: Reliance Industries has shown consistent quarter-on-quarter revenue growth, with Q1 FY27 reaching a new high of ₹2.65 lakh crore.
⏳ Time Machine
How today’s news fits into the bigger picture
Aug 2023
Jio Financial Services Demerger
Reliance demerged Jio Financial Services from its main operations to unlock value, with the new entity listing at an implied valuation of ₹262 per share, boosting RIL's profits that quarter.
Oct 2025
Strong Q2 FY26 Results
RIL reported a consolidated net profit of ₹20,200 crore for Q2 FY26, marking an 18% year-on-year increase, driven by robust performance in its digital and retail businesses.
April 2026
Q4 FY26 Performance
The company's Q4 FY26 consolidated net profit stood at ₹18,500 crore, indicating healthy growth in core sectors like O2C and retail, despite some pressures in the telecom segment.
Today
RIL announced a 22% drop in Q1 FY27 net profit due to a one-time gain last year, but saw record EBITDA and 25% revenue growth.
What happens next?
Investors will watch for sustained growth in O2C and digital segments, with the next update expected around October 2026 for Q2 FY27 results.
Reliance Industries (RIL) announced its Q1 FY27 results, showing a consolidated net profit of **₹15,750 crore**, a significant 22% decline year-on-year. This dip is mainly attributed to a one-time stake sale in Jio Financial Services during the same quarter last fiscal year, which inflated the base for comparison. However, the company's operational performance was strong, with consolidated revenue soaring 25% to **₹2.65 lakh crore**. RIL also achieved a record high EBITDA of **₹45,500 crore**, driven by robust contributions from its oil-to-chemicals (O2C) and digital services segments. Investors are looking past the profit drop, focusing on the underlying operational strength.
💭 If you're wondering…
The profit is down mainly because Q1 FY26 included a large, one-time gain from selling a stake in Jio Financial Services. If you remove that exceptional item, the underlying profit from ongoing operations would actually show growth this quarter.
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