RIIL

Latest News & Updates

Jio IPO 2026 Plan Reliance has confirmed that Jio Platforms’ IPO is targeted for 2026. Analysts believe this could unlock hidden value for shareholders by giving Jio a standalone valuation, though some also warn of a possible holding company discount effect for Reliance. Asset-Backed Securities (ABS) Fundraise Reliance successfully raised about ₹21,000 crore through asset-backed securities. The issue saw strong demand, with a coupon rate of around 7.75%. Domestic asset managers were among the key investors. Q1 FY26 Financial Results Gross revenue came in at ~₹2.73 lakh crore, up around 6% year-on-year. EBITDA rose sharply to ~₹58,000 crore, a growth of about 36%. Net profit surged to ~₹30,800 crore, rising nearly 76% year-on-year, supported by strong retail and telecom performance and gains from asset sales. Oil-to-chemicals business saw margin pressure due to weaker refining cracks and higher feedstock costs. Legal & Regulatory Developments The Supreme Court closed PILs against Reliance’s Vantara animal rescue project in Jamnagar, ruling that all allegations of irregularities and smuggling had already been investigated. CSR & Community Initiatives Reliance rolled out a ten-point relief plan for flood-hit Punjab, supporting over 10,000 families. In Mumbai, Reliance Foundation will develop a 130-acre coastal garden project with promenades, cycling tracks, and public spaces. Market Sentiment Reliance shares have shown resilience, outperforming many peers in recent sessions. Investors are upbeat on growth prospects in digital, retail, and the upcoming energy transition projects. 📊 Company Overview & Financials Revenue (FY25): ~₹10.7 lakh crore EBITDA (FY25): ~₹1.83 lakh crore Net Profit (FY25): ~₹81,000 crore Capex (FY25): ~₹1.3 lakh crore Q1 FY26: Revenue ₹2.73 lakh crore, EBITDA ₹58,000 crore, Net Profit ₹30,800 crore