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Financial

Reliance Industries Q3 Net Profit Jumps 22% YoY to ₹22,146 Crore on Strong O2C Performance

Reliance Industries Q3 FY26 results: Consolidated net profit up 22% YoY to ₹22,146 crore. Revenue at ₹2.59 lakh crore. O2C EBITDA jumps 34%. EPS at ₹16.36.
Reliance Industries Q3 Net Profit Jumps 22% YoY to ₹22,146 Crore on Strong O2C Performance

Mumbai, January 16: Reliance Industries Limited (RIL) reported a 21.8% year-on-year increase in consolidated net profit to ₹22,146 crore for the quarter ended December 31, 2025, driven by robust performance across its Oil-to-Chemicals (O2C) and Retail segments.

The conglomerate’s consolidated revenue from operations grew 6.2% YoY to ₹2,58,898 crore, while EBITDA rose 18.8% YoY to ₹48,480 crore. The board approved the financial results in a meeting that concluded late on Thursday evening.

 

Key Q3 FY26 Highlights (Consolidated):

  • Net Profit: ₹22,146 crore (up 21.8% YoY)

  • Revenue from Operations: ₹2,58,898 crore (up 6.2% YoY)

  • EBITDA: ₹48,480 crore (up 18.8% YoY)

  • Earnings Per Share (EPS): ₹16.36

  • Gross Debt: Standalone debt stood at ₹27,389 crore as of Dec 31, 2025.

  • Other Income: Includes ₹8,924 crore (for 9M FY26) from profit on sale of listed investments.

 

 

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Segment-Wise Performance:

  • Oil-to-Chemicals (O2C): Segment EBITDA surged 34% YoY to ₹18,882 crore, contributing the largest share to overall profitability. Revenue stood at ₹1,60,558 crore.

  • Retail: Revenue grew 24% YoY to ₹90,544 crore, with EBITDA at ₹6,817 crore.

  • Digital Services (Jio): Revenue increased 10% YoY to ₹43,617 crore, with EBITDA at ₹18,882 crore.

  • Oil & Gas: Revenue was ₹6,058 crore with EBITDA of ₹5,002 crore.

 

Financial Ratios & Health:

  • Debt-Equity Ratio: Stood at a healthy 0.40 (Consolidated).

  • Interest Service Coverage Ratio: Improved to 5.27 from 5.25 a year ago.

  • Current Ratio: Remained stable at 1.10.

  • Operating Margin: Improved to 11.1% from 10.5% YoY.

Labour Code Impact & Audit:

The company stated that the incremental financial impact of the newly implemented labour codes was "not material" and has been accounted for in the quarterly results. The unaudited financial results were reviewed by statutory auditors Deloitte Haskins & Sells LLP and Chaturvedi & Shah LLP.

 

9-Month FY26 Snapshot:

For the nine months ended December 2025, RIL’s consolidated net profit rose 20.6% YoY to ₹74,984 crore on revenue of ₹7,15,563 crore. The O2C segment continued to be the primary growth driver during this period.

 

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Management Outlook:

The results underscore RIL’s resilient business model, balancing steady growth in traditional energy and petrochemicals with scalable expansion in consumer-facing digital and retail businesses. The company continues to focus on capital discipline, debt management, and strategic investments in new energy and digital infrastructure.

Tags: Reliance Industries Q3 Results, RIL Earnings, Mukesh Ambani, Oil-to-Chemicals, Jio, Retail, EBITDA Growth, Quarterly Results FY26, Corporate Earnings.

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