Mukesh Ambani’s RIL strikes gold before Diwali, Q2 results show increased profits and higher revenue; Details here

The company released its financial results for the second quarter of the financial year 2025-26.

New Delhi: Mukesh Ambani-owned Reliance Industries Limited (RIL), which spans sectors ranging from oil to telecom and retail, held its board of directors meeting on Friday, October 17. Following the meeting, the company released its financial results for the second quarter of the financial year 2025-26. The company reported that its profit after tax (PAT) for the September 2025 quarter increased by 15.9 per cent year-on-year to Rs 22,146 crore, while declining on a quarter-on-quarter basis. This was primarily due to the exceptional increase in profits in the previous quarter.

Revenue increases by 10%

The company further reported that its revenue from operations for the reported quarter increased by 9.9 per cent to Rs 283,548 crore, compared to Rs 258,027 crore in the same period last year. This figure is also higher on a quarter-on-quarter basis. The company had recorded Rs 273,252 crore in the June 2025 quarter.

RIL’s EBITDA

Reliance Industries Limited has reported strong operational performance. The company’s EBITDA for the September 2025 quarter increased by 14.6% year-over-year to Rs 50,367 crore. The company’s capital expenditure was recorded at Rs 40,010 crore. RIL further reported that net debt as of September 30, 2025, increased marginally to Rs 118,545 crore from Rs 117,581 crore.

Jio, Retail, and O2C Segment Revenue

Jio Platforms’ revenue grew 14.9% compared to the previous year. This was driven by strong subscriber growth in mobility and homes. Additionally, Jio’s ARPU (average revenue per user) continued to improve, and its digital services expanded.

Reliance Retail Ventures’ revenue grew 18.0%, driven by strong performance across all major consumption sectors. Grocery and fashion recorded strong growth of 23% and 22%, respectively. Consumer electronics grew 18%, supported by reduced GST rates and new product launches.

Oil to Chemicals (O2C) revenue increased 3.2%, with production for sale increasing 2.3%. Jio-BP’s fuel retail operations further boosted sales of domestic transportation fuels, with diesel (HSD) up 34% and petrol (MS) up 32%.