Reliance Industries Ltd (RIL) reported a decline in fourth-quarter profit even as revenue rose strongly, with telecom and retail businesses helping cushion pressure in the energy segment.
The company posted consolidated net profit attributable to owners of Rs 16,971 crore for the quarter ended March 31, 2026, down from Rs 19,407 crore a year earlier.
Revenue from operations rose to Rs 2,98,967 crore, compared with Rs 2,64,573 crore in the same quarter last year.
The board also recommended a dividend of Rs 6 per equity share of face value Rs 10 each for FY26, subject to shareholder approval at the annual general meeting.
Reliance’s quarterly performance reflected a mixed picture, with topline growth supported by consumer-facing businesses while profit came under pressure.
Profit before tax stood at Rs 29,697 crore, up from Rs 29,103 crore a year earlier. Total income for the quarter rose to Rs 3,03,046 crore, compared with Rs 2,69,478 crore last year.
Basic earnings per share for the quarter came in at Rs 12.54, against Rs 14.34 a year ago.
For the financial year ended March 31, 2026, Reliance reported net profit attributable to owners of Rs 69,838 crore, while revenue from operations stood at Rs 10,75,674 crore.
Profit after tax and share of profit from associates and joint ventures for the full year came in at Rs 95,754 crore, while total income stood at Rs 11,04,637 crore.
Reliance’s consolidated net worth rose to Rs 8,67,828 crore as of March 31, 2026, from Rs 7,95,069 crore a year earlier.
Cash and cash equivalents stood at Rs 48,797 crore, while total assets increased to Rs 21,78,140 crore from Rs 19,50,121 crore last year.