Reliance Industries share price surged as much as 5.91% in Monday's trading session after the Mukesh Ambani-led oil-to-telecom conglomerate reported strong set of numbers during the July-September quarter FY27.
RIL stock opened at ₹1,228.10 apiece on NSE today, as compared to previous close of ₹1,164.90 last week on Friday and touched an intraday high of ₹1,237.30 on 2 November.
Reliance Industries Ltd (RIL) reported a 33.8% year-on-year (YoY) growth in consolidated profit after tax (PAT), including its share of associates and joint ventures, at ₹29,550 crore for Q2FY27, compared with ₹22,092 crore in the corresponding quarter last year. Net profit attributable to the company's shareholders increased 40% YoY to ₹25,548 crore.
The company's consolidated revenue rose 27.8% YoY to ₹3,62,268 crore, while EBITDA increased 23.9% to a record ₹62,409 crore. The latest quarterly profit also surpassed the ₹23,196 crore recorded in the previous quarter, marking a fresh high for India's largest listed company by market capitalisation.
The oil-to-chemicals (O2C) segment was the biggest contributor to earnings growth, supported by stronger global transportation fuel cracks and an improvement in petrochemical margins. The segment's EBITDA surged 67.9% YoY to ₹25,203 crore, while revenue climbed 44.2% to ₹2,31,601 crore.