Reliance Industries Limited (RIL) Q1 has announced a stellar 78% year-on-year surge in net profit for the first quarter of FY26, driven by strong performance across its consumer businesses and a one-time gain of ₹8,900 crore from the sale of its stake in Asian Paints. Even after excluding this exceptional item, the company recorded a solid 20% rise in profits — showcasing the underlying strength of its core businesses.
Jio Platforms led the digital charge with a 25% jump in profit to ₹7,110 crore. EBITDA rose nearly 24% to ₹18,135 crore, with net subscriber additions of 9.9 million bringing the total to 498.1 million. Average revenue per user (ARPU) climbed to ₹208.8, supported by recent tariff hikes. JioTrue5G now boasts over 200 million users, and Jio Air Fiber has emerged as the world’s largest fixed wireless access (FWA) provider with 7.4 million subscribers.
Reliance Retail also delivered robust growth with an 11% increase in revenue, fueled by aggressive store expansion. Meanwhile, JioStar, the company’s digital entertainment arm, posted record revenues of ₹9,600 crore — a direct result of the blockbuster IPL season.
Speaking on the results, Chairman Mukesh Ambani reaffirmed Reliance’s commitment to driving inclusive development, innovation, and green energy transformation. “Our performance this quarter gives me full confidence that Reliance will continue to double every 4–5 years,” he stated.
As RIL Q1 continues to expand across telecom, retail, digital services, and green energy, the company remains a bellwether of India’s growth story — combining innovation with scale and execution excellence.