Reliance Industries posts higher second-quarter profit on revenue growth
Reliance Industries' net profit for the quarter ended September 30, 2026 rose to INR 25,548 crore, while revenue grew 28.6 percent year on year.
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what happened
Reliance Industries reported that net profit attributable to owners for the quarter ended September 30, 2026 rose to INR 25,548 crore from INR 18,165 crore a year earlier, according to TradingView. Revenue from operations climbed to INR 332,861 crore from INR 258,898 crore.
Profit before tax reached INR 38,613 crore, up from INR 29,124 crore. For the first half of the year, net profit attributable to owners edged up to INR 46,494 crore from INR 45,159 crore. The shares closed Friday's session on the National Stock Exchange at INR 1,164.90, down 0.21 percent.
Moody's, in a separate report, put the profit increase at 40.6 percent year on year and 22 percent sequentially.
why it matters
The picture is mixed: the quarter looks strong, but half-year profit barely moved, while finance costs and depreciation keep rising. Investors will watch whether revenue growth turns into steady earnings in the coming reports.
market impact
Reliance shares and Indian equities: strong quarterly profit supports the company's stock
- Reliance Industries shares pressure up — quarterly profit rose 40.6 percent year on year
tags
instruments
sources
- Reliance Industries Q2 Profit Rises On Revenue Growth — TradingView, 30 October 2026 at 16:21 UTC
- Reliance Industries Q2 Profit Rises 41%, Revenue Grows 29% — Moody's, 30 October 2026 at 16:32 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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