Reliance Important levels after Q1 result

Reliance Industries Q1 FY26 Results Highlights:**** Consolidated net profit rose 78% year-on-year to ₹26,994 crore for the quarter ended June 30, 20252. Revenue from operations increased 5.3% YoY to ₹2,48,660 crore, driven by sustained growth in telecom, retail, and oil-to-chemicals segments. EBITDA surged 36% YoY to ₹58,024 crore, with the margin expanding by 460 basis points to 21.2% on efficient cost management and higher-margin businesses. Other income jumped 279% YoY, bolstered by a one-time post-tax gain of ₹8,900 crore from the sale of its stake in Asian Paints. In the oil-to-chemicals (O2C) division, EBITDA rose 10.8% YoY to ₹14,511 crore, benefiting from stronger refining margins and improved fuel deltas. Jio’s digital services added 9.9 million mobile subscribers and crossed 212 million 5G users, with ARPU climbing to ₹208.70; segment EBITDA grew 24% YoY to ₹18,135 crore. Reliance Retail delivered an 11.3% YoY increase in revenue to ₹84,171 crore, while JioMart daily orders jumped 175% YoY; segment EBITDA reached ₹6,381 crore. Outstanding consolidated debt reduced to ₹3,38,432 crore from ₹3,47,530 crore in the previous quarter, reflecting disciplined capital allocation. Chairman Mukesh Ambani reaffirmed the goal to double group EBITDA by the end of the decade, underlining the company’s long-term growth strategy. Following Reliance Industries’ Q1 results, investors should note the following technical levels: 1,480 serves as a critical support level; a decisive break below this threshold could expose the stock to a potential decline toward ₹1,400. On the upside, 1,500 represents a key resistance level; a sustained move above this mark may drive prices toward ₹1,550.