Reliance Industries Limited held a post-results analyst meet on July 17, 2026, which concluded at 9:45 PM IST. The purpose of the event was to discuss the company's Unaudited Financial Results (Consolidated and Standalone) for the quarter ended June 30, 2026 (Q1 FY2026-2027).

The meeting was conducted physically and featured presentations from senior management across all business verticals. A full transcript of the meeting and the accompanying presentation deck were made available on the company's investor relations website.

Management Participants and Designations:

  • Sh V Srikanth, CFO, Reliance Industries Limited (Group Performance)
  • Sh Anshuman Thakur, Head of Strategy, Reliance Jio Infocomm Limited (Jio Platforms)
  • Sh Dinesh Taluja, CFO & Head of Corporate Development, Reliance Retail (Retail)
  • Sh Ketan Mody, Executive Director, Reliance Consumer Products Limited (FMCG)
  • Sh Ishan Chatterjee, CEO, Sports, JioStar (Media)
  • Sh Srinivas Tuttagunta, COO Refining & Marketing, Reliance Industries Limited (Refining & Marketing, O2C)
  • Sh Amit Chaturvedi, President Petrochemicals, Reliance Industries Limited (Petrochemicals, O2C)
  • Sh Sanjay Barman Roy, President E&P, Reliance Industries Limited (Exploration & Production)
  • Sh Karan Suri, Senior Vice President New Energy, Reliance Industries Limited (New Energy)

The meeting duration was 01:51:20 minutes, including a Q&A session.

The presentation materials and an audio recording of the meeting are available on the company's website:

  • Presentation Link: https://www.ril.com/sites/default/files/2026-07/PresentationforRILAnalystMeeting_v17072026.pdf
  • Meeting Audio: https://www.ril.com/investors/events-presentations#webcast-sec

The disclosure is a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and was submitted to the BSE, NSE, Luxembourg Stock Exchange, and Singapore Exchange.

Key Financial Highlights Discussed:

  • Consolidated Revenue: Up 25% Year-on-Year (YoY).
  • Consolidated EBITDA: Over Rs. 54,000 Crores, up 10% YoY (recurring basis, backing out a one-time gain of Rs. 8,900 Cr from Asian Paints in the year-ago quarter).
  • Consolidated Net Profit: Rs. 23,200 Crores, up 6% YoY.
  • O2C Segment EBITDA: Rs. 17,000 Crores, up 17% YoY, driven by high distillate cracks and ethane advantage, despite headwinds from supply disruptions, SAED, and planned turnarounds.
  • Jio Platforms Revenue: Rs. 39,173 Crores, up 11.8% YoY. EBITDA: Rs. 20,865 Crores, up 15.1% YoY with an EBITDA margin of 53.3%.
  • Reliance Retail Revenue: Rs. 90,000 Crores, up 12% YoY (adjusted for RCPL demerger). EBITDA: Rs. 6,309 Crores, with margins at 7.9%, impacted by investments in scaling digital commerce.
  • JioStar Revenue: Rs. 10,946 Crores, up 14% YoY.
  • RCPL (FMCG) Revenue: Rs. 8,600 Crores, approximately 2x growth YoY.
  • Net Debt: stood at ~Rs. 1,23,000 Crores, slightly lower than March 2026.
  • Q1 Capex: ~Rs. 39,000 Crores.

Strategic and Operational Highlights:

  • O2C: Navigated significant volatility and supply chain dislocation from the Strait of Hormuz closure. Sourced crude from diverse geographies (Latin America, US, Canada, Africa, Russia). Maintained high refinery throughput (~97%) despite industry-wide run cuts.
  • Jio: Subscriber base reached 533 million, with 285 million on 5G. Fixed wireless (AirFiber) now constitutes half of the 28.6 million fixed broadband base. Digital services revenue grew 20% YoY.
  • Retail: Focus on disciplined scaling of digital commerce (hyperlocal, dark stores) is impacting near-term margins but is expected to drive future growth and wallet share. Omni-channel customers spend 2.7x more than offline-only customers.
  • New Energy: Highlighted disciplined execution progress across solar PV manufacturing (1 GWp produced, 20 GW target), battery gigafactory (40 GWh capacity, scaling to 120 GWh), and the Kutch renewable ecosystem.

Additional Notes Section

The disclosure includes the full transcript of the analyst meet as an attachment. The presentation deck summarizing the results and business updates is available online.