RELIANCE

🔍 Key Updates on Reliance Industries

🔍 Key Updates on Reliance Industries Strong Q2 FY26 Performance Reliance reported a consolidated net profit of ~₹18,165 cr in Q2 FY26, up about 10% YoY. Revenue from operations rose ~9.9%. EBITDA also grew, with margin expansion — showing a healthy operational performance. Its O2C (Oil-to-Chemicals) business saw margin improvement, even though the global energy markets remain volatile. In the exploration & production (upstream) segment, some headwinds, like lower production or higher costs, weighed on margins. Digital / Telco (Jio) Jio’s business continues to scale: solid addition of mobile subscribers, and its home broadband (fixed) business is growing strongly. ARPU (average revenue per user) for Jio is improving, which helps profitability. Reliance is pushing AI heavily in its digital business: it's building AI data-centers and has a unit called “Reliance Intelligence” focused on AI services. Retail Growth Reliance Retail continues to expand aggressively: store expansion + strong festive demand. Its grocery, fashion, and consumer electronics segments are all doing well; especially quick commerce / hyperlocal delivery is gaining momentum. The retail arm is a key growth engine alongside Jio and O2C. New Energy Push RIL is executing on its green energy ambitions: building solar PV capacity, battery gigafactories, and green hydrogen projects. It has a large clean-energy site in Kutch under development. This business is still in investment phase, but is seen as a long-term growth play.