Reliance Industries Q2 Profit Jumps 41% to ₹25,548 Crore
What Happened
Reliance Industries reported a 40.6% year-on-year rise in consolidated net profit attributable to shareholders to ₹25,548 crore for the quarter ended September 30, 2026, compared with ₹18,165 crore a year earlier. Announced on October 30, the results exceeded analysts' expectations. Reuters reported that stronger oil-to-chemicals earnings and growth in digital services supported the performance.
Key Takeaways
Reliance's quarterly profit growth was led by stronger refining operations and its digital business. Jio's rising earnings supported the group, while retail profitability remained under pressure despite higher sales.