Business news · Corporate · 17 Jul 2026
IN Oil Gas & Consumable Fuels Telecommunication Consumer Services
Reliance Industries' consolidated net profit attributable to shareholders fell 22.4% to Rs 20,946 crore in April-June from Rs 26,994 crore, mainly because other income dropped 70.6% to Rs 4,447 crore; the year-ago quarter included Rs 8,924 crore from selling listed investments. Revenue from operations rose 25.4% to Rs 3.12 trillion and segment EBITDA rose 9.9% to Rs 51,403 crore. Oil-to-chemicals revenue jumped 30.4% to Rs 2.02 trillion with EBITDA up 17.2%, digital services EBITDA rose 16.1%, and retail EBITDA slipped 1.1% to Rs 6,309 crore.
Reliance is one of the largest index weights, so its results move the benchmarks. Higher crude prices inflated O2C revenue and the 17% rise in that unit's EBITDA shows refining earnings holding up through the West Asia disruption, while telecom growth ahead of the Jio IPO supports the digital valuation. Flat retail profit is a read-through for listed retailers. The headline profit fall reflects a one-off gain in the base rather than weaker operations.
Reported by Business Standard — “RIL Q1FY27 results: Net profit falls 22% to ₹20,946 cr; revenue rises 25%” ↗ on 17 Jul 2026.
NSE stocks, from the last close on or before 17 Jul 2026 to the close on 16 Oct 2026.
| Sector | Stocks | Median move | Up | vs all stocks |
|---|---|---|---|---|
| Oil Gas & Consumable Fuels | 19 | -4.2% | 6 of 19 | +2.3 pts |
| Telecommunication | 13 | -5.0% | 4 of 13 | +1.5 pts |
| Consumer Services | 46 | -1.7% | 21 of 46 | +4.8 pts |
| All tracked stocks | 804 | -6.5% | 268 of 804 | — |
| Company | Then | Now | Move |
|---|---|---|---|
| Reliance Industries Ltd. RELIANCE | ₹1,327.2 | ₹1,211.2 | -8.7% |
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