Reliance posts record quarterly profit as refining and chemicals margins surge
Reliance's attributable profit rose 40% to Rs 25,548 crore in July–September, with oil-to-chemicals EBITDA up 68%. Source: Moody's.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
According to Moody's, Reliance Industries reported a record quarterly profit for the July–September period of fiscal 2027. Profit attributable to shareholders rose 40% year on year to Rs 25,548 crore, revenue grew 27.8%, and EBITDA reached a record Rs 62,409 crore.
The oil-to-chemicals (O2C) unit was the main driver, with its EBITDA up 67.9% to Rs 25,203 crore. Stronger fuel cracks, linked to supply disruptions from the West Asia conflict and attacks on refineries, lifted margins, while Dated Brent averaged $97 a barrel, 40.6% higher than a year earlier. Retail earnings were weaker, and the shares closed 0.44% lower at Rs 1,163.55 on Friday.
why it matters
The result highlights how strong refining demand and elevated fuel cracks can support earnings for fuel producers. Weakness in retail and the company's sensitivity to crude price swings and supply conditions keep the outlook dependent on the energy market.
market impact
Indian refiners and Reliance: high refining margins support profit, while weak retail weighs on the group.
tags
instruments
sources
- Reliance shares: Buy, sell or hold after Q2 results 2026? RIL stock up 384% in 10 yrs! Brokerages advice to investors — Moody's, 1 November 2026 at 07:35 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗