Reliance Industries announced the third-quarter financial results on Friday. The Mukesh Ambani-led conglomerate reported a sequential rise in consolidated net profit and revenue, even as operating margin declined.
RIL Q3 Results Live: Isha Ambani On Reliance Retail
"Reliance Retail delivered a steady quarterly performance, serving millions of customers across their shopping needs. By prioritizing trend-focused assortments and seamless omni-channel experiences, we continue to foster strong customer engagement and loyalty. As we navigate a shifting consumer landscape, we remain steadfast in our vision to redefine Indian retail through innovation and excellence," said Isha Ambani, Executive Director, Reliance Retail Ventures.
RIL Q3 Results Live: Akash Ambani On Reliance Jio
Akash Ambani on Jio:
"Jio's over 500 million subscriber base, deep customer insights and pan India distribution network will empower Reliance Intelligence to achieve its aim to make India not just AI-enabled but AI-empowered - where every citizen and enterprise can harness AI tools to create, innovate and grow. This will drive sustained value creation for all stakeholders in the coming years."
RIL Q3 Results Live: Mukesh Ambani's Statement
Mukesh Ambani, Chairman and Managing Director, on RIL Q3 performance:
"Reliance's consolidated performance in 3Q FY26 reflects consistent financial delivery and operational resilience across businesses. Reliance's robust cash-flows and balance sheet strength have been recognised by international rating agencies."
RIL Q3 Results Live: Retail Base Expands
Reliance Retail Ventures Q3 Key Highlights:
- Quarterly Revenue at Rs 97,605 crore, up 8.1% Y-o-Y
- Quarterly EBITDA at Rs 6,915 crore, up 1.3% Y-o-Y
- Number of transactions during the quarter crossed milestone of 500 million and 431 new stores opened.
- The registered customer base grew to 378 million, making Reliance Retail one of the most preferred retailers in the country.
- In quick commerce, JioMart daily orders crossed 1.6 million and recorded 53% Q-o-Q and 360% Y-o-Y growth in average daily orders.
RIL Q3 Results Live: Reliance Jio ARPU Rises
Jio 5G subscribers crossed 250 million, and Fixed Broadband base crossed 25 million.
Total subscriber base of over 515 million.
ARPU increased to Rs 213.7 with higher customer engagement, partly offset by promotional offers for unlimited 5G and Fixed Broadband services. It was Rs 211.4 in the previous quarter.
RIL Q3 Results Live: Capex At $3.8 Billion
Capital Expenditure for the quarter ended December, 2025, stood at Rs 33,826 crore ($3.8 billion) driven by investments in ongoing growth projects in O2C and New Energy businesses; and continued capital outlay towards strengthening and expansion of the Jio and Retail network and infrastructure.
RIL Q3 Results Live: Segmental Performance
Reliance Industries Q3 Results (Consolidated, QoQ)
Retail
- Revenue up 8% at Rs 97,912 crore
- Ebitda up 1% at Rs 6,915 crore
- Margin down 47 basis points at 7.06%
Digital
- Revenue up 2% at Rs 44,653 crore
- Ebitda up 2% at Rs 19,325 crore
- Margin down 100 basis points at 43.3%
RIL Q3 Results Live: Segmental Performance
Reliance Industries Q3 Results (Consolidated, QoQ)
Oil to chemicals:
- Revenue up 1% at Rs 1.62 lakh crore
- Ebitda up 10% at Rs 16,507 crore
- Margin up 83 basis points at 10.18%
Oil and gas
- Revenue down 4% at Rs 5,833 crore
- Ebitda down 3% at Rs 4,857 crore
- Margin down 70 basis points at 83.27%
RIL Q3 Results Live: Net Profit Rises
Reliance Industries Q3 Results (Consolidated, QoQ)
- Revenue up 4% at Rs 2.69 lakh crore versus Rs 2.59 lakh crore (Estimate: Rs 257038 crore)
- Ebitda up 0.3% at Rs 46,018 crore versus Rs 45,885 crore (Estimate: Rs 47,997 crore)
- Margin at 17.4% versus 18% (Estimate: 18.7%)
- Net profit up 2.6% at Rs 18,645 crore versus Rs 18,165 crore (Estimate: Rs 19,271 crore)
RIL Q3 Results Live: Check Consolidated Estimates
The oil-to-telecom conglomerate's October-December quarter revenue is expected to rise 1% on a sequential basis. RIL's Ebitda is expected to increase 4.6% to Rs 47,997 crore compared with Rs 45,885 crore in the previous quarter, supported by better operating performance in key businesses. Operating margin is projected to improve to 18.7% from 18%. While net profit is projected to grow 6% sequentially to Rs 19,271 crore from Rs 18,165 crore.