Reliance Industries Reports 24.5% Consolidated Revenue Growth in Q1 FY27

Reliance Industries Limited (RIL) began FY27 on a strong note, reporting a 24.5 percent year-on-year increase in consolidated revenue to Rs 340,257 crore for the quarter ended June 30, 2026. The growth was supported by a steady performance from Reliance Retail, whose revenue from operations rose 8.2 percent year-on-year to Rs 79,745 crore during the quarter.

“Reliance has made a steady start to FY27 with all businesses delivering strong operating performance,” said Reliance Industries Limited’s chairman and managing director Mukesh D Ambani in a press release on Friday. “Our diverse business portfolio has once again demonstrated its resilience in a quarter which witnessed continuing geopolitical tensions and volatile commodity markets.”

Reliance Industries also posted healthy profitability during the quarter, with recurring earnings before interest, tax, depreciation and amortisation (EBITDA) rising 10.1 percent year-on-year to Rs 54,067 crore. Profit after tax increased 6.1 percent from the corresponding quarter of the previous financial year to Rs 23,196 crore.

“Reliance Retail delivered resilient growth this quarter, with steady performance across all consumption formats and channels,” said Ambani. “Our omni-channel presence continues to serve millions of Indian consumers, and I am confident that it is well placed to benefit from India’s long term consumption growth. The consumer products business is growing rapidly with the portfolio of FMCG brands gaining real traction with Indian consumers. RCPL has more than doubled its revenues as compared to the previous year.”

Reliance Industries also posted healthy profitability during the quarter, with recurring earnings before interest, tax, depreciation and amortisation (EBITDA) rising 10.1 percent year-on-year to Rs 54,067 crore. Profit after tax increased 6.1 percent from the corresponding quarter of the previous financial year to Rs 23,196 crore.

“Reliance Retail delivered resilient growth this quarter, with steady performance across all consumption formats and channels,” said Ambani. “Our omni-channel presence continues to serve millions of Indian consumers, and I am confident that it is well placed to benefit from India’s long term consumption growth. The consumer products business is growing rapidly with the portfolio of FMCG brands gaining real traction with Indian consumers. RCPL has more than doubled its revenues as compared to the previous year.”

“Reliance Retail delivered resilient performance in Q1 FY27, with growth across the key consumption baskets,” said Reliance Retail Ventures Limited’s executive director Isha M Ambani. “Our continued investment in digital commerce underscores the transformative power of our digital platforms. Our expanding customer base, widest store network and growing omni-channel capabilities position us well to continue fulfilling every need, every dream, for every Indian, every day."