Mumbai, April 24 (IANS). Mukesh Ambani-led Reliance Industries Limited (RIL) on Friday declared a net profit of Rs 20,589 crore for the fourth quarter of FY 2026 i.e. January-March quarter. Along with this, the company also announced a dividend of Rs 6 per share.
According to RIL’s exchange filing, the company’s net profit and profit from associates declined by 8.9 percent year-on-year in this quarter.
However, the company’s total income (gross revenue) increased by 12.9 percent to Rs 3,25,290 crore. All segments witnessed good growth due to strong performance in O2C (Oil-to-Chemical), Digital Services and Retail businesses.
Oil and gas segment earnings declined, which was attributed to natural decline in KG-D6 gas production.
The company’s capex (capital expenditure) in this quarter stood at Rs 40,560 crore.
Jio Platforms’ EBITDA increased by 17.9 percent to Rs 20,060 crore. Jio’s total customers have crossed 524 million, which includes 268 million 5G users.
At the same time, EBITDA of Reliance Retail increased by 3.1 percent to Rs 6,921 crore and the number of stores of the company has increased to more than 20,000.
The company’s total net profit record for the entire financial year 2025-26 stood at Rs 95,610 crore, which is 18.3 percent more than last year.
The total capex of the company till March 31, 2026 stood at Rs 1,44,271 crore. The company is working rapidly on big projects in O2C and new energy business, as well as expanding Jio and retail networks.
Chairman and Managing Director of the company Mukesh Ambani said that the company is continuously moving towards the listing of Jio Platforms, which will prove to be a big milestone.
He said that there was 19 percent EBITDA growth in the entire year, mainly due to the increasing demand in mobile, broadband and enterprise services.
Ambani said that Jio will play an important role in bringing AI and new technologies to the common people and will drive India’s digital development in the future.
–IANS
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