Reliance Q1 results: Profit falls 22% YoY to ₹20,946 crore
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Reliance Industries reported a 22.40% year-on-year decline in consolidated net profit for Q1FY27, totaling ₹20,946 crore, down from ₹26,994 crore in the same quarter last year. However, the company saw a sequential profit increase of 23.42% compared to Q4FY26, alongside a 25.41% year-on-year rise in revenue from operations, reaching ₹3,11,850 crore.
Reliance Q1 results: Mukesh Ambani-led oil-to-telecom-to-retail conglomerate, Reliance Industries, on Friday, 17 July, reported a 22.40% year-on-year (YoY) fall in its consolidated net profit (attributable to owners of the company) to ₹20,946 crore for the April-June quarter of the financial year 2026-27 (Q1FY27).
In the corresponding quarter of the previous financial year, the company's profit was ₹26,994 crore.
However, sequentially, or on a quarter-on-quarter (QoQ) basis, RIL's Q1FY27 profit rose by 23.42% from ₹16,971 crore in Q4FY26.
RIL's revenue from operations for the June quarter of FY27 rose by 25.41% YoY and 4.43% QoQ to ₹3,11,850 crore.
In the same quarter of FY26 (Q1FY26), Reliance's revenue was ₹2,48,660 crore, while in Q4FY26, it was ₹2,98,621 crore.
(This is a developing story. Please check back for fresh updates.)
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