Reliance Industries Q4 FY26 results (Jan–Mar 2026) and concall

Oil, Gas & Consumable Fuels · Concall AI · Call held 24 Apr 2026

Company page: Reliance Industries share price, financials & guidance record

Reliance Industries Limited reported a strong FY26 with double-digit growth in revenue and EBITDA, primarily driven by robust performance in Jio Platforms and Retail. However, Q4 saw flat consolidated EBITDA due to challenges in the O2C segment, impacted by geopolitical events, elevated feedstock prices, and the introduction of SAED. The company continues to advance its New Energy initiatives and manage E&P production declines.

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What they filed

Q4 FY26: revenue up 12.5%, net profit down 8.9% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	2,31,535	2,39,986	2,61,388	2,43,632	2,54,623 +10%	2,64,905 +10%	2,94,059 +12%
Expenses	1,92,477	1,96,197	2,17,556	2,00,727	2,08,738	2,18,887	2,49,918
EBITDA	39,058	43,789	43,832	42,905	45,885 +17%	46,018 +5%	44,141 +1%
Margin	17%	18%	17%	18%	18%	17%	15%
Other income	4,876	4,214	4,905	15,119	4,482	4,914	4,447
Interest	6,017	6,179	6,155	7,036	6,827	6,613	6,585
Depreciation	12,880	13,181	13,479	13,842	14,416	14,622	14,808
Profit before tax	25,037	28,643	29,103	37,146	29,124 +16%	29,697 +4%	27,195 −7%
Tax rate	24%	24%	23%	17%	24%	25%	24%
Net profit	19,323	21,930	22,611	30,783	22,092 +14%	22,290 +2%	20,589 −9%
EPS	12.24	13.70	14.34	19.95	13.42	13.78	12.54

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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