Reliance Industries shares fall after Q4 results. Should you buy, sell or hold?

Reliance Industries (RIL) shares fell over 1% on Monday, April 27 after the company, led by Mukesh D Ambani, announced an unprecedented financial performance for the fiscal year ending March 31, 2026, with consolidated revenue climbing 9.8% compared to the previous year, reaching 1,175,919 crore, while profit after tax (PAT) surged 18.3% to 95,610 crore, as stated in the corporation’s earnings report.

For FY26, the consolidated EBITDA rose by 13.4% year-on-year to 207,911 crore, propelled by substantial growth in the digital services and retail sectors, despite the energy sector facing challenges in a fluctuating global environment.

During the March quarter (Q4 FY26), RIL recorded gross revenue of 325,290 crore, marking a 12.9% increase from the same period last year. Nonetheless, the quarterly PAT fell by 8.9% to 20,589 crore, reflecting challenges in the energy sectors even as retail and other consumer-facing divisions showed stable performance.

RIL also declared a dividend of 6 per share for the fiscal year 2026.

(more to come)

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