Reliance Industries Q4 FY26: Record Performance Across Segments

Key Highlights (FY26) • Revenue: ₹11,75,919 Cr (↑9.8%) – Record high • EBITDA: ₹2,07,911 Cr (↑13.4%) – Record high • Net Profit (PAT): ₹95,610 Cr (↑18.3%) – Record high Segment Performance Jio Platforms • EBITDA: ₹20,060 Cr (↑17.9%) • Margin: ↑230 bps • Subscriber Base: 524+ Mn • True 5G Users: 268 Mn Reliance Retail • EBITDA: ₹6,921 Cr (↑3.1%) • Store Count: 20,000+ What Stands Out • Strong all-time high financials across revenue, EBITDA, and profit • Continued dominance in telecom with strong subscriber growth and margin expansion • Retail scale expansion with 20,000+ stores Why It Matters Reliance’s diversified business model across energy, telecom, and retail continues to drive consistent growth and resilience. Learning Outcome Conglomerates benefit from diversification across sectors. Investors should evaluate segment-wise performance to understand growth drivers.