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Reliance Industries’ Q3FY26 numbers came in a touch better than expected, even if not everything fired at full throttle.
Numbers to keep an eye on:
- Net profit: ₹18,645 crore (vs ₹18,540 crore YoY)
- Revenue: ₹2.65 lakh crore (vs ₹2.40 lakh crore YoY)
- EBITDA margin: 17.4% (down from 18.3% YoY)
Reliance’s Oil-to-Chemicals business posted ₹1.62 lakh crore in revenue, slightly higher than last quarter’s ₹1.61 lakh crore and up 8.7% from a year ago.
Numbers improved as fuel prices were favourable and sulphur sales brought in more money. However, weak chemical business and higher shipping costs limited the upside.
Jio added more subscribers, powered by offerings built on its tech stack.
Retail revenue rose 9.2% YoY to ₹86,951 crore, while profit edged up 2.7% to ₹3,551 crore.
Quick pulse: Shein booking revenue continued to climb, backed by strong app traction, 6.5 million+ installs, and a wider product range now topping 50,000 options.
Premium brands stayed steady too, helped by festive demand and new launches, including an exclusive tie-up with Fabletics.
