Reliance Industries / This is the magic of Mukesh Ambani, he earned 26,994 crores in 3 months

Reliance Industries: Mukesh Ambani-led Reliance Industries has posted an excellent financial performance in the first quarter of FY 2025-26 (Q1FY26). The company's net profit grew by an impressive 78.32% to Rs 26,994 crore from Rs 15,138 crore in the same quarter last year (Q1FY25). Along with this, the company's total operating income also grew by 5.27% to Rs 2,48,660 crore from Rs 2,36,217 crore last year.

Mukesh Ambani's statement

Reliance Industries Chairman and Managing Director Mukesh Ambani expressed satisfaction over this performance and said:

"Reliance has started FY26 with a strong and improved performance in every sector. Despite the global economic fluctuations, the company's total EBITDA in Q1FY26 has increased significantly compared to last year. Our customer base in the retail business has reached 358 million. We are focusing on our FMCG brands to provide better products according to the choice of Indian customers. Our retail business is getting stronger to meet all kinds of needs."

Performance of key segments

1. Reliance Retail

Reliance Retail performed brilliantly in Q1FY26. Its revenue grew by 11.3% to Rs 84,171 crore. EBITDA also increased to Rs 6,381 crore. Isha Ambani, Executive Director, Reliance Retail, said:

"We have focused on improving efficiency, expanding into new geographies and delivering better products this quarter. We are continuing to serve our customers better by investing in new technologies and diversified products."

2. Reliance Jio

Reliance Jio achieved several major milestones this quarter. The company's 5G subscriber base crossed 20 crores, while home broadband connections exceeded 2 crores. JioAirFiber is now the world's largest fixed wireless access (FWA) service. Jio Platforms' EBITDA grew 24% to Rs 18,135 crore, and margins improved by 210 basis points.

JioHotstar delivered IPL 2025 to over 65.2 crore people on the digital platform, with 5.52 crore people connecting live at one time. Akash Ambani, Chairman of Reliance Jio Infocomm, said:

"Jio is bringing next-generation services such as JioGames Cloud and JioPC to its users at affordable prices. We are building a strong technological infrastructure to boost digital services in India and establish leadership in the field of AI."

3. Oil & Gas Segment

The oil and gas segment showed stable performance in Q1FY26. Its EBITDA stood at Rs 4,996 crore, up from Rs 5,210 crore in the same quarter last year.

4. O2C Business

Reliance's oil-to-chemicals (O2C) business also remained stable, recording an EBITDA of Rs 4,996 crore.

Future Plans

Reliance Industries is focusing on expanding new technologies and services in its retail and telecom segments. Jio is investing in AI and digital services along with further strengthening its 5G and broadband services. There is a plan to provide better experience to the customers through new products and technologies in the retail business.