Reliance Industries Limited Q2 result: Reliance Industries Limited beat street estimates, reporting record revenue growth aided by robust margins from refining crude oil into fuels and strong performance by telecom unit. Mukesh Ambani's oil-to-retail conglomerate's consolidated net profit (attributable to owners of the company) increased by 40% on an annual basis to ₹25,548 crore in Q2FY27.
RIL’s consolidated revenue from operations increased to ₹3,32,861 crore during the quarter under review.
RIL reported a net profit after tax (PAT) of ₹29,250 crore in Q2FY27. Its profit (attributable to owners of the company) stood at ₹25,548 crore, which is 40.64% higher than ₹18,165 crore reported in the year ago period. RIL’s net profit stood at ₹20,946 crore.
Revenue from operations stood at ₹3.32 lakh crore in Q2FY 27 against ₹2.59 lakh crore reported in the year ago period. Its revenue from operations stood at ₹3.11 lakh crore.
The Oil-to-conglomerate recorded quarterly EBITDA at ₹62,409 crore, up 23.9% on an annual basis. Mukesh Ambani-led RIL reported its best ever O2C business performance as EBITDA was up 67.9% on an annual basis to ₹25,203 crore. The digital services EBITDA stood at ₹22,223 crore up 17.7% on an annual basis.