Reliance Posts Strong Q1 Results

  Published 1 year ago

Reliance Industries reports 6% revenue growth and 36% EBITDA rise in Q1 FY26, driven by strong O2C, retail, and digital.

  • Retail added 388 stores, reaching 19,592 total; JioMart daily orders jumped 175% YoY with 358 million customers.
  • Jio Platforms’ revenue rose 18.8% to ₹41,054 crore; subscriber base grew to ~498 million, and ARPU improved 14.9% YoY.
  • O2C EBITDA up 10.8% despite revenue decline; oil and gas EBITDA fell 4.1% on lower production and prices.

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