Reliance Industries Limited on Friday released the results for the fourth quarter (January-March) of the financial year 2025-26. The company’s net profit declined by 13% on annual basis to Rs 16,971 crore. Profit in the same quarter a year ago was ₹19,407 crore. However, during this period the company’s revenue has increased by 13% to Rs 2.98 lakh crore. It was Rs 2.64 lakh crore in the same quarter a year ago i.e. January-March 2025. The board of Reliance has also recommended a dividend of ₹ 6 per share. Ambani said – Reliance’s performance is stable amid global challenges. Reliance Industries Chairman Mukesh Ambani said on the results that during the entire financial year 2026, we had to face geopolitical constraints, unstable energy prices and changing global trade patterns. These challenges have impacted businesses around the world. However, due to our strong portfolio and grip on the domestic market, we were able to weather the volatility. Ambani said – Mukesh Ambani is moving fast towards the IPO of Jio Platforms. Regarding Jio’s IPO, Mukesh Ambani said, “I am happy to tell that we are moving fast towards the listing (IPO) of Jio Platforms.” Ambani further said that as the company expands, this listing will prove to be an important step. Reliance’s profit declined due to pressure on oil and gas business. The reason for the 13% decline in Reliance’s profit in the fourth quarter is due to the pressure on the company’s oil-to-chemicals (O2C) and oil and gas business. Rising crude oil prices, increased freight and insurance expenses squeezed margins. Windfall tax also had an impact. The company has five main segments – Reliance Jio (Jio Platform), Retail, Digital, Oil to Chemicals (O2C) and Oil and Gas. Here we are telling everyone’s third quarter performance one by one… 1. Jio’s results In the fourth quarter, Jio’s profit increased by 13% to ₹ 7,935 crore. The company’s operating revenue increased by 13% to Rs 44,928 crore. The average revenue per user (ARPU) of the company has increased to ₹ 214. It was ₹206 in the year-ago quarter. 2. Reliance Retail Isha Ambani-led Reliance Retail has reported a stable performance in the fourth quarter, registering a net profit of ₹ 3,563 crore. This is 0.5% more than last year. During this period, the company’s revenue increased by 11.1% to ₹ 87,344 crore. Its registered customer base has reached 38.7 crore with a growth of 10.9%. With the opening of 333 new stores in this quarter, the total number of stores has now reached 20,160. 3. Digital (Jiostar) Jiostar has recorded a revenue of Rs 9,784 crore. Its share in the television market was 34.2% and it reached 81 crore viewers. Monthly active users of digital platform JioHotstar were 50 crore. During the T20 Men’s Cricket World Cup final, 7.25 crore users watched the stream simultaneously, which is a global record. 4. Oil to Chemicals Oil-to-chemical (O2C) segment revenue increased by 12% to Rs 1.84 lakh crore. However, its EBITDA fell 4% to Rs 14,520 crore. The main reasons for pressure on profits were increase in crude oil premium, higher cost of freight and insurance. Additionally, reimposition of windfall tax on exports of diesel and ATF has also impacted earnings. Mukesh Ambani said that despite the West Asia crisis, the company did not let the fuel supply in the domestic market be affected. 5. Oil and Gas Segment: This segment appeared a little weak. Its revenue fell 9% to ₹5,867 crore. Profits declined by 18% due to a slight decline in gas production from the KG-D6 basin and a decline in gas prices (from $10.09 to $9.63). Reliance’s stock has fallen 15% so far this year. On Friday, April 24, before the results of the fourth quarter of FY26, Reliance’s stock fell 0.92% and closed at the level of 1,331. The company’s shares have fallen 2.43% in the last 5 days. This year i.e. since January 1 till now the stock has fallen 15%. It remained flat in one year. The market cap of Reliance is Rs 18.01 lakh crore. Reliance is India’s largest private sector company. Reliance is India’s largest private sector company. It currently operates in hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewable energy, digital services and retail sectors.
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Reliance’s profit fell 13% to ₹16,971 crore: Revenue increased 13% to ₹2.98 lakh crore in the fourth quarter; Shareholders will get ₹6 dividend
