Reliance Industries Ltd reported a 12.5% decline in net profit for the March quarter, with earnings at Rs 16,971 crore compared to Rs 19,407 crore a year earlier. The downturn was driven by weakness in its oil and chemicals segment, offsetting gains in telecom and retail.
Published Date – 24 April 2026, 11:20 PM
New Delhi: Reliance Industries Ltd on Friday reported a 12.5 per cent fall in its March quarter net profit as the world’s largest energy crisis hit its mainstay oil and chemicals business, undoing gains in consumer-facing telecom and retail units.
Its net profit of Rs 16,971 crore in January-March – the fourth and final quarter of 2025-26 fiscal year – compared with Rs 19,407 crore earnings in the same period a year back, according to the company’s stock exchange filing.
The profit was also lower quarter-on-quarter against Rs 18,645 crore earnings in October-December 2025.
The total income rose to Rs 3.03 lakh crore in Q4 from Rs 2.69 lakh crore a year ago.
For the full year, its net profit was Rs 80,775 crore, 16 per cent higher than Rs 69,648 crore in 2024-25.
