Consolidated 9M FY26 EBITDA at ₹ 159,323, up 18.3% Y-o-Y and PAT at ₹ 75,165, up 28.1% Y-o-Y
Consolidated 3Q FY26 EBITDA at ₹ 50,932, up 6.1% Y-o-Y
O2C EBITDA up 14.6% at ₹ 16,507 crore, margin up 60 bps, Jio-bp volumes up 24%
Jio Platforms EBITDA up 16.4% Y-o-Y at ₹ 19,303 crore, Margin up 170 bps
Jio 5G subscribers crossed 250 million, Fixed Broadband base crossed 25 million
Reliance Retail EBITDA up 1.3% Y-o-Y at ₹ 6,915 crore
Reliance Retail’s hyper-local deliveries’ average daily orders up 4.6x Y-o-Y
Commenting on the results, Mukesh D. Ambani, Chairman and Managing Director, Reliance
Industries Limited said: “Reliance’s consolidated performance in 3Q FY26 reflects consistent financial
delivery and operational resilience across businesses.
Jio’s digital ecosystem is deepening its roots in Indian households. Through our mobility and broadband
products, we are connecting mobile phones, homes, appliances and enterprises. The synergistic value
delivered by our connectivity and media platforms has meaningfully increased customer engagement. This
quarter, Jio expanded its subscriber base further, through attractive propositions enabled by its
comprehensive, indigenous technology stack tailored for Indian markets. The business delivered a robust
financial performance with 16.4% growth in EBITDA.
Our Retail business also had an eventful quarter, strengthening its portfolio with the onboarding of fresh
new brands and product ranges. The demerger of consumer products business came into effect this
quarter. With a broad and diverse product basket ranging from classic Indian brands to new age labels, the
consumer products vertical is progressing on its accelerated growth trajectory with a focused organizational
structure. Our deep, omni-channel presence across the nation and strong traction in hyperlocal quick
deliveries supported a resilient performance by the Retail business.
Robust growth in O2C business was led by significantly higher fuel margins with favorable demand-supply
dynamics, along with operational flexibility. I am happy to highlight the strong growth in our fuel retailing
business, with continuing expansion of the Jio-bp network. Upstream segment EBITDA was impacted by
lower volumes and prices.
Reliance’s robust cash-flows and balance sheet strength have been recognized by international rating
agencies. Our foreign currency debt issuances are now rated “A-” by S&P Global Ratings.
Reliance is entering a new phase of value creation with its initiatives in the AI and New Energy domains. I
am confident that Reliance will play a pioneering role in the evolution of these epoch-defining technologies,
providing sustainable solutions at scale for India and the world.”
