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Dhwani Patel

16th Jan · SEBI-Registered Analyst

RELIANCE
Reliance Industries reported modest Q3 FY26 results, with revenue up 10% YoY to ₹2.94 lakh crore and net profit rising 1.6% to ₹22,290 crore, driven by Jio and O2C segments. EBITDA grew 6.1% to ₹50,932 crore, trailing revenue due to Oil & Gas weakness and Retail margin ***** FinancialsJio's Digital Services revenue increased 12.7% YoY, with EBITDA up 16.4% and margins expanding 170 bps to ₹213.7 ARPU. Retail revenue rose 8.1% to ₹97,605 crore, supported by 431 new stores and 378 million added customers. O2C EBITDA surged 14.6% from better fuel margins, while Oil & Gas declined on lower ***** HighlightsJio's 5G users exceeded 250 million (53% of data traffic), data usage topped 40 GB/month, and JioAirFiber hit 11.5 million users with 25.3 million broadband premises. Capex reached ₹33,826 crore amid consumer business expansion.

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