Reliance lifts Q2 FY27 profit 33.8% and widens fuel exports to Africa and Europe
Reliance reported Q2 FY27 consolidated net profit of Rs29,550 crore, up 33.8%, and expanded fuel exports, including first jet fuel shipment to South Africa, per TradingView.
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what happened
According to TradingView, Reliance Industries posted consolidated net profit of Rs29,550 crore in the second quarter of FY27, up 33.8%. Revenue reached Rs3,62,268 crore, and EBITDA came in at Rs62,409 crore.
The oil-to-chemicals (O2C) segment was the main driver, with EBITDA rising 68% to Rs25,203 crore on revenue of Rs2,31,601 crore. Jio remained steady while retail weakened.
The company also shifted fuel exports away from West Asia toward East and South Africa, the Mediterranean and other European markets. The source says its market share in those regions rose about 50% in the September quarter. Reliance also shipped low-sulfur aviation turbine fuel (ATF) to South Africa for the first time, widening its export destinations and adjusting its product mix amid tighter global fuel supplies.
why it matters
The profit gain came mainly from refining rather than telecom or retail, which matters for markets watching fuel margins. A wider export map reduces reliance on one region, and strong refining profits tend to draw investor attention to Reliance shares and Asian refiners more broadly.
market impact
Reliance shares: refining-driven profit growth supports the stock
- Reliance shares pressure up — stronger profit and refining margins support investor interest
tags
instruments
sources
- Key facts: NSE:RELIANCE Q2 Profit +33.8%; ATF Exported to South Africa — TradingView, 2 November 2026 at 02:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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