Reliance Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Reliance Industries Ltd reported a 0.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 9.6%.
• Its expenses for the quarter were up by 3.8% QoQ and 8.8% YoY.
• The net profit decreased 28.2% QoQ and increased 14.3% YoY.
• The earnings per share (EPS) of Reliance Industries Ltd stood at 13.42 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Reliance Industries Ltd is one of India's largest conglomerates, involved in a diverse array of businesses, including energy, petrochemicals, textiles, natural resources, retail, and telecommunications. The company has a strong presence in the energy sector, particularly in oil refining and petrochemicals. Additionally, Reliance Retail and Jio, its telecommunications arm, are significant contributors to its portfolio, with Jio being a major player in India's telecom industry. As of the latest data, there are no major developments available within the provided information.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Reliance Industries Ltd reported a total income of ₹259,105 crores. This represents a slight quarter-over-quarter (QoQ) increase of 0.1% from ₹258,751 crores in Q1FY26. Comparatively, there is a year-over-year (YoY) increase of 9.6% from ₹236,411 crores in Q2FY25. These figures indicate that the company has experienced growth in its total income over the past year, with stability observed in the recent quarter.

Profitability

The company's profit before tax for Q2FY26 was ₹29,124 crores, marking a decline of 21.6% QoQ from ₹37,146 crores in Q1FY26. However, this is an increase of 16.3% YoY from ₹25,037 crores in Q2FY25. The tax expense for Q2FY26 was ₹6,978 crores, which is an increase of 7.9% QoQ and 17.6% YoY. Consequently, the profit after tax came in at ₹22,092 crores for Q2FY26, showing a decrease of 28.2% QoQ from ₹30,783 crores in Q1FY26 and an increase of 14.3% YoY from ₹19,323 crores in Q2FY25. The earnings per share for Q2FY26 was ₹13.42, down 32.7% QoQ from ₹19.95 in Q1FY26 and 45.2% YoY from ₹24.48 in Q2FY25.

Operating Metrics

Total expenses for Q2FY26 were ₹229,981 crores, reflecting an increase of 3.8% QoQ from ₹221,605 crores in Q1FY26 and an increase of 8.8% YoY from ₹211,374 crores in Q2FY25. This increase in expenses has been a factor in the decrease in profit margins despite the rise in total income. The financial data doesn't include specific operational metrics such as P/E ratio, debt-to-equity ratio, or current ratio, thus these cannot be calculated from the given information. The notable decrease in profit before tax and profit after tax QoQ, amidst a backdrop of increased income and expenses, is a significant trend observed in the current quarter.