RELIANCE

Q1 Results: Revenue tops ₹3 lakh crore milestone; net profit declines 22% YoY

posted record quarterly revenue of ₹3.12 lakh crore in Q1 FY27, fuelled by strong growth in its O2C, digital and retail businesses. However, net profit fell 22% from a year earlier due to the high base created by an exceptional gain in the corresponding quarter last year. Q1 Results reported revenue from operations of ₹3,11,850 crore, registering 10.6% year-on-year growth and 4.4% sequential growth, making it the company's highest-ever quarterly revenue. Profit after tax (PAT) came in at ₹23,001 crore, down 25% YoY but up 11.6% quarter-on-quarter. Meanwhile, net profit attributable to shareholders declined 22.4% YoY to ₹20,946 crore, primarily due to the absence of the one-off gain from the Asian Paints stake sale recorded in the year-ago period. Business performance remained strong across key segments. The Oil-to-Chemicals (O2C) business reported 30.4% YoY growth in revenue to ₹2,01,803 crore, while EBITDA rose 17.2% to ₹17,010 crore. Digital Services delivered another strong quarter, with revenue increasing 11.2% to ₹46,900 crore and EBITDA rising 16% to ₹21,255 crore, supported by healthy subscriber additions and improved ARPU. Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.