KEY HIGHLIGHTS
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Reliance Industries Q1 Results Live: Jio Profit Rises 1% To Rs 6,642 Crore
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Reliance Industries Q1 Results Live: Oil And Gas Revenue Falls Over 2%
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Reliance Industries Q1 Results Live: Oil To Chemicals Revenue Fell 2%
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Reliance Industries Q1 Results Live: Jio Platform Revenue Rises 19%
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Reliance Industries Q1 Results Live: Digital Services In Quarter Ended June
Reliance Retail Saw Sharpest Sequential Decline In Five Quarters
Retail business faced its sharpest sequential decline in five quarters, with revenue falling 5% and Ebitda also weakening. Margins remained flat for the third consecutive quarter, indicating rising pressures on profitability despite scale.
Reliance Industries Q1 Results Live: Ebitda Below Estimates
In its press release on Friday, the company also added that the Ebitda of Rs 42,905 crore is the highest ever quarterly Ebitda. However, the Ebitda has fallen 2% quarter-on-quarter and is below estimates due to the weak performance in all segments apart from Jio.
Ebitda margin, however, improved slightly to 17.6% from 16.8% in the previous quarter.
Reliance Industries Q1 Results Live: Outstanding Debt Declines
The conglomerates outstanding debt for the quarter declined to Rs 3.38 lakh crore, from the earlier Rs 3.48 lakh crore in the quarter ended March. However, it has increased from the Rs 3.05 lakh crore in the same quarter last year.
Net debt marginally increased to Rs 1,17,581 crore from Rs 1,17,083 crore in the previous quarter, as capital investments continued.
Reliance Industries Q1 Results Live: Transporation Fuels Cracks Increased
Transportation fuels cracks increased by $ 1-1.4/bbl year-on-year in the first quarter.
US Ethane price was at 24.1 cpg, up by 25% year-on-year in line with increase in US Natural gas prices.
Polymer margins witnessed mixed trends with PP and PVC margins up 13% and 4% year-on-year while PE margins were marginally lower by 1% year-on-year.
Polyester chain margin was $ 446/MT during the quarter as against $ 489/MT in the previous quarter.
Reliance Industries Q1 Results Live: O2C Revenue Declined Due To Fall In Crude Oil
Oil to Chemical revenue fell due to fall in crude oil prices and lower volumes on account of planned shutdown.
Revenues were supported by higher domestic placement of transportation fuels through Jio-bp network.
Ebitda for the segment rose due to favourable margins on domestic fuel retail, improvements in transportation fuel cracks as well as PP & PVC deltas.
This was partially offset by lower volumes due to planned turnaround, and decline in polyester chain margins.
Maintenance in one of the Crude units and one hydrotreater unit completed on schedule.
Reliance Industries Q1 Results Live: JioMart's Quick Hyper-Local Commerce Grew Nearly Three-Fold
JioMart's quick hyper-local commerce saw strong pick up in daily orders with 68% quarter-on-quarter growth and 175% year-on-year growth.
Operations were scaled to 4,290 pin codes serviced by over 2,200 stores in 1,000+ cities.
Subscription services were extended to 26 cities and achieved an order growth of 45% year-on-year.
Reliance Industries Q1 Results Live: Fruit And Vegetables Rose 15%
Grocery posted a broad-based growth across categories with HPC growing at 15% year-on-year, Fruits and Vegetables growing at 15% year-on-year, and Packaged Foods growing at 13% year-on-year.
Metro format has seen strong growth momentum during the quarter with key categories like Home and Personal Care growing 25% year-on-year, Hot Beverages, Dry Fruits & Nuts each growing 20% year-on-year.
Reliance Industries Q1 Results Live: Jewellery Business Rose 47%
Jewellery business delivered steady performance amidst volatile gold prices, with average bill value up 47% year-on-year.
Reliance Industries Q1 Results Live: Fashion And Lifestyle Grew On The Back Of New Store Formats
Fashion and Lifestyle business witnessed growth in revenue and Ebitda driven by new store formats and strong own brand performance.
Business continued to focus on expanding non-apparel categories like footwear, beauty and personal care and accessories to offer wider choices to customers.
Business executed brand campaigns to strengthen market position in target segments.
AJIO continued to demonstrate improvements in key customer metrics, with new customers’ revenue share reaching 18%, increasing by 150 bps year-on-year, and average bill value increasing by 17%.
Shein continued to receive strong traction and crossed 2 million app downloads and over 20,000 live options.
AJIO Luxe continued to grow and launched several new brands taking its portfolio to 875 brands, and expanded its catalogue by 17% year-on-year.
Premium Brands business continued to lead the segment with widest portfolio of brands.
Hamleys strengthened its presence in key markets, expanded into new geographies and launched Hamleys Green Club, a sustainability program for kids.
Reliance Industries Q1 Results Live: Consumer Electronics Business Rose 26%
Consumer Electronics business achieved steady growth, driven by an average bill value growth of 26%, and conversions over 200 bps year-on-year.
AC sales were impacted due to early onset of monsoon.
resQ continues to be the most popular and largest services network, with service center network reaching 1,621 locations, growing 31% year-on-year.
Reliance Industries Q1 Results Live: Retail Expanded With 388 New Store Openings
Reliance Retail expanded its store network with 388 new store openings taking the total store count to 19,592 with area under operation at 77.6 million sq. ft.
The registered customer base grew to 358 million.
JioMart continues to expand quick hyper local deliveries registering 68% quarter-on-quarter growth and 175% year-on-year growth of daily orders.
Reliance Industries Q1 Results Live: Jio Profit Rises 1% To Rs 6,642 Crore
Reliance Jio Q1 Highlight
Revenue declines 3% at Rs 30,882 crore versus Rs 30,018 crore.
Ebitda up 5% at Rs 15,852 crore versus Rs 16,690 crore.
Ebitda margin expanded to 54.04% versus 52.81%.
Net profit rises 1% at Rs 6,642 crore versus Rs 6,711 crore.
ARPU rose 1.3% to Rs 208.8 versus Rs 206.2.
Subscribers rise 2% to 498.1 million from 488.2 million.
Reliance Industries Q1 Results Live: Oil And Gas Revenue Falls Over 2%
Oil and Gas segment revenue decreased by 1.2% year-on-year mainly on account of lower sales volume of KGD6 gas with natural decline in production, lower gas price for CBM and lower crude price realisation.
This was partly offset with improved KGD6 gas price realisation.
Oil and Gas segment Ebitda decreased by 4.1% year-on-year on account of lower revenues coupled with increase in operating costs due to higher maintenance activities during the quarter.
Reliance Industries Q1 Results Live: Oil To Chemicals Revenue Fell 2%
Oil to Chemicals revenue decreased by 1.5% year-on-year due to a fall in crude oil prices and lower volumes on account of the planned shutdown.
Segment revenues were supported by increased domestic placement of transportation fuels through Jio-bp.
O2C Ebitda increased by 10.8% year-on-year due to favourable margin on domestic fuel retail, improvements in transportation fuel cracks and PP, PVC delta.
This was partially offset by lower volumes on planned turnaround and decline in polyester chain margins.
"Performance was supported by improvement in fuel and downstream product margins," said Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries.
Reliance Industries Q1 Results Live: Jio Platform Revenue Rises 19%
Reliance Jio Platform (Cons, QoQ)
Revenue rises 19% to Rs 35,032 crore versus Rs 33,986 crore.
Ebitda rises 24% to Rs 18,135 crore versus Rs 17,016 crore.
Margin at 51.8% versus 50.1%.
Net Profit rises 24.8% to Rs 7,110 crore versus Rs 7,022 crore.
Reliance Industries Q1 Results Live: Digital Services In Quarter Ended June
Jio platforms’ Ebitda for quarter ended June 2025 increased by 23.9% year-on-year to Rs 18,135 crore.
Jio’s net profit for the quarter grew 24.8% year-on-year to Rs 7,110 crore.
Jio’s monthly churn was 1.8% with net subscriber addition of 9.9 million during the quarter.
Strong subscriber addition momentum was driven by continued market share gains in mobility and record home connects
Jio’s subscriber base stood at 498.1 million as of June. JioTrue5G user base crossed the 200-million milestone and stands at 212 million.
Jio’s ARPU increased further to Rs 208.7 with flow through impact of the tariff hike and seasonality.
Total data traffic grew 24.0% year-on-year to 54.7 billion GB during the quarter.
Reliance Industries Q1 Results Live: Retail Profit Falls Nearly 8%
Reliance Retail Q1 Highlights (QoQ)
Retail profit falls 7.7% to Rs 3,271 crore from Rs 3,545 crore.
Retail revenue falls 5% to Rs 84,172 crore from Rs 88,637 crore.
Retail Ebitda falls 5% to Rs 6,381 crore from Rs 6,721 crore.
Retail Ebitda margin flat at 7.58%.
Reliance Industries Q1 Results Live: Segmental Ebitda Margin
Segmental Ebitda Margin Numbers (QoQ)
O2C Ebitda margin expanded to 9.37% from 9.16%.
Oil and Gas Ebitda margin expanded to 81.86% from 79.55%.
Retail Ebitda margin flat at 7.58%.
Digital Ebitda expanded to 43.65% from 42.28%.
Other Ebitda margin expanded to 14.02% from 11.39%.
Reliance Industries Q1 Results Live: Segmental Ebitda Numbers
Segmental Ebitda Numbers (QoQ)
O2C Ebitda falls 4% to Rs 14,511 crore from Rs 15,080 crore.
Oil and Gas Ebitda falls 2% to Rs 4,996 crore from Rs 5,123 crore.
Retail Ebitda falls 5% to Rs 6,381 crore from Rs 6,721 crore.
Digital Ebitda rises 6% to Rs 18,312 crore from Rs 17,278 crore.
Other Ebitda rose 14% to Rs 2,589 crore from Rs 2,269 crore.
Reliance Industries Q1 Results Live: Jio ARPU Rises To Rs 208.8
The ARPU for Reliance Jio rises 1.3% to Rs 208.8, while the customer base stood at 49.81 crore for quarter ended June. The rise was due to flow through impact of the tariff hike and seasonality.
Reliance Industries Q1 Results Live: Segmental Revenue
Segmental Revenue (QoQ)
O2C revenue falls 6% to Rs 1.55 lakh crore from Rs 1.65 lakh crore.
Oil and Gas revenue falls 5% to Rs 6,103 crore from Rs 6,440.
Retail revenue falls 5% to Rs 84,172 crore from Rs 88,637 crore.
Digital revenue rises 3% to Rs 41,949 crore from Rs 40,861 crore.
Other revenue was down 7% to Rs 18,470 crore from Rs 19,920 crore.
Reliance Industries Q1 Results Live: Profit Rises 39%, Beats Estimates
Revenue declines 7% at Rs 2.44 lakh crore versus Rs 2.61 lakh crore.
Ebitda down 2% at Rs 43,832 crore versus Rs 43,832 crore.
Ebitda margin expanded 80 basis points at 17.6% versus 16.8%.
Net profit rises 39% at Rs 26,994 crore versus Rs 19,407 crore.
Other income jumps 208% to Rs 15,119 crore.
Other Income includes Rs 8,924 crore, being proceeds of profit from sale of listed investments.
Reliance Industries Q1 Results Live: Announcement Expected Soon
Reliance Industries Ltd. is set to report its June quarter earnings today. The announcement will be made soon.
Reliance Industries Q1 Results Live: Reliance Jio Expected To Be Flat At Rs 6,687 Crore
Reliance Jio Q1 Fiscal 2026 Preview (QoQ)
Revenue seen up 2.8% to Rs 30863 crore vs Rs 30018 crore.
Ebitda seen up 3.8% to Rs 16458 crore vs Rs 15852 crore.
Ebitda Margin seen at 53.3% vs 52.8%.
Net profit seen up 0.7% to Rs 6687 crore vs Rs 6642 crore.
ARPU seen up 1.1% at Rs 208.4 vs Rs 206.2.
Subscribers seen at 49.75 crore vs 48.82 crore.
Factors
Growth supported by tariff hikes taken earlier and subscriber additions.
ARPUs growth for the fourth consecutive quarter, but the growth numbers are slowing.
Overall subscriber growth is aided by strong subscriber additions in the broadband space.
Reliance Industries Q1 Results Live: Factors Impacting Retail, Telecom And Other Sectors
Telecom saves the day; telecom to report the highest sequential growth.
Singapore GRMs averaged 77% higher around $5.5/bbl Vs $3.1/bbl in fourth quarter of fiscal 2025.
O2C growth marred by planned refinery maintenance shutdown and weaker petchem margins.
Retail down quarter-on-quarter owing to high base; on year-on-year basis growth stable on the back of store addition and higher footfall.
Oil and Gas exploration Ebitda down owing to lower realisation and volumes.
Reliance Industries Q1 Results Live: Segmental Expectations
Retail
Retail revenue seen down 4% to Rs 85,111 crore vs Rs 88,637 crore.
Retail Ebitda seen down 1% to Rs 6,652 crore vs Rs 6,721 crore.
Oil & Gas
O2C Ebitda seen up 2% to Rs 15,414 crore vs Rs 15,080 crore.
Oil & Gas (gas exploration) Ebitda seen down 4% at Rs 4,905 crore vs Rs 5,123 crore.
Reliance Industries Q1 Results Live: Key things To Watch
Margin outlook in refinery and petchem.
Outlook of new energy business.
Commentary on ARPU post tariff hike.
Jio Fiber growth.
Commentary on capex outlay and debt.
Q1 Results Live: Mastek Profit Rises Nearly 14%
While we wait for Reliance Industries to release their first quarter results, you can check the results for Mastek, that posted a nearly 14% growth in profit here.
Reliance Industries Q1 Live: Share History
Reliance Industries stock closed 0.03% lower on Friday. However, the stock had risen 0.57% during open.
Shares of Reliance Industries have declined 2.77% in the past five trading sessions on the NSE. In the past month, the share price has risen 2.71% and in the past six months, it has increased 16.61%. On a year-to-date basis, it has grown 20.93%. In the past year, the large cap stock has fallen by 6.31%.
Reliance Industries shares hit a 52-week high of Rs 1,605.85 apiece on the NSE on July 15, 2024. It touched a 52-week low of Rs 1,114.85 apiece on April 7, 2025.
Reliance Industries Q1 Live: Here Is All You Need To Know
The Street will be closely watching management commentary on the refining and petrochemical businesses, which face headwinds from global trade uncertainties and tightening US sanctions on Iranian and Russian oil—both key suppliers in the energy market.
Despite these pressures, Reliance’s telecom arm, Jio, is expected to deliver robust sequential growth, driven by subscriber additions and higher average revenue per user.
Retail, while steady on a year-on-year basis, may see a slight sequential dip. Nonetheless, the segment remains a key growth engine, with analysts optimistic about its long-term trajectory.
Reliance Industries Q1 Live: Share Price Inches Higher Ahead Of Earnings
Reliance Industries stock closed 0.03% lower on Friday, as investors positioned themselves ahead of the company’s first-quarter earnings report for FY26, scheduled to be released later in the day. However, the stock had risen 0.57% during open.
Reliance Industries Q1 Live: Key Things To Watch
Markets will be parsing through the RIL management's commentary on margin outlook in refinery and petrochemical business given global trade uncertainty due to US tariff policies.
The US has also increased pressure on countries buying sanctioned Iranian and Russian oil — key suppliers in the energy market.
Besides fossil fuels, Reliance has been pushing into new energy businesses like solar, fuel cells, green hydrogen, batteries, and other related technologies. The outlook and expansion plans will be in focus.
Commentary on ARPU following the tariff hikes and growth in Jio Fiber will also attract interest.
Reliance Industries Q1 Live: Analysts Growth Expectation For Reliance Jio
Revenue seen rising 2.8% to Rs 30,863 crore versus Rs 30,018 crore
Ebitda seen rising 3.8% to Rs 16,458 crore versus Rs 15,852 crore
Ebitda margin seen at 53.3% versus 52.8%
Net profit seen rising 0.7% to Rs 6,687 crore versus Rs 6,642 crore
ARPU seen rising 1.1% at Rs 208.4 versus Rs 206.2
Subscribers seen at 49.75 crore versus 48.82 crore
Analysts expect growth in Reliance Jio to be supported by tariff hikes taken earlier and subscriber additions. Average revenue per user or ARPU will grow for the fourth consecutive quarter, but the trajectory is seen to be slowing.
Overall subscriber growth will be aided by strong user additions in the broadband space.
Reliance Industries Q1 Live: What To Expect In Reliance Retail
Revenue for Reliance Retail Ventures Ltd. is projected to drop by 4% to Rs 85,111 crore compared to Rs 88,637 crore in the previous quarter. Ebitda could decline 1% to Rs 6,652 crore.
The segment may see a quarter-on-quarter decline due to a high base effect, but demonstrate stable year-on-year growth driven by continued store additions and increased footfall.
Reliance Industries Q1 Live: What To Expect In The Petrochemical, Oil & Gas Segment
Oil-to-chemical Ebitda seen to rise 2% to Rs 15,414 crore from Rs 15,080 crore.
Oil & Gas (gas exploration) Ebitda expected to fall 4% to Rs 4,905 crore compared to Rs 5,123 crore.
Singapore's Gross Refining Margin, a key indicator of refining profitability, averaged 77% higher around $5.5 per barrel compared to $3.1 in the March quarter.
RIL's O2C growth will be marred by planned refinery maintenance shutdown and weaker petchem margins. Oil and gas exploration Ebitda will fall owing to lower realisation and volumes.
Reliance Industries Q1 Live: Analysts Expect Profit To Rise 2% To Rs 19,775 Crore
RIL Q1 FY26 Estimates (Consolidated, QoQ)
Revenue seen down 7.5% at Rs 2,41,800 crore versus Rs 2,61,388 crore
Ebitda seen up 1.5% at Rs 44,497 crore versus Rs 43,832 crore
Ebitda margin seen at 18.4% versus 16.8%
Net profit seen up 2% at Rs 19,775 crore versus Rs 19,407 crore
Reliance Industries Q1 Live: What To Expect Today
Good afternoon, Reliance Industries Ltd. is set to report its June quarter earnings today. We will take you through the day with live updates and help you get all the important information you need to know.
Amid the growing unrest globally, analysts expect an expansion in operating margin despite a dip in revenue and a muted growth in net profit.
The company's main petrochemicals and refining business is expected to be under pressure. Telecom is likely to report its highest sequential growth, helping billionaire Mukesh Ambani's conglomerate sail through the first quarter. The retail segment may slide on a sequential basis and remain steady on a yearly basis.
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