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Reliance Breaks Rs 10 Lakh Crore Revenue Barrier
27 Apr
Summary
- Consolidated revenue reached Rs 2.94 lakh crore, a 12.6% year-over-year increase.
- Full-year FY26 net profit surged 16% to Rs 80,775 crore.
- Reliance Retail and Jio Platforms show resilient growth despite challenges.
Reliance Industries (RIL) has achieved a landmark, becoming the first Indian firm to report an annual revenue exceeding Rs 10 lakh crore. For the full fiscal year 2026, RIL's consolidated net profit saw a substantial 16% increase, reaching Rs 80,775 crore, while net sales climbed 9.6% to Rs 10.57 lakh crore.
In the fourth quarter of FY26, the company's consolidated revenue grew by 12.6% year-over-year to Rs 2.94 lakh crore. However, net profit experienced a double-digit decline compared to the previous year, primarily attributed to elevated feedstock prices stemming from disruptions in global energy markets, reflecting the impact of the West Asia conflict on operations.
