Transcript of the discussion on the Unaudited Financial Results (Consolidated and Standalone) of the Company for the quarter ended June 30, 2026, at the analyst meet held on July 17, 2026, ....

AI summary - Q1FY27 revenue up 25%, EBITDA up 10%, PAT up 6%; O2C revenue +17%, Jio +12% - Jio Platforms: 533M subscribers, 285M on 5G, revenue Rs 39,173 Cr +11.8%, EBITDA margin 53.3% - Retail revenue Rs 90,000 Cr +12%, EBITDA margin 7.9%, investing in digital commerce and hyperlocal - FMCG revenue Rs 8,600 Cr, doubling y-y; expanding pan-India distribution and international markets - Refining & Marketing: revenue +30%, EBITDA +17%, high crude prices and supply disruptions - Petrochemicals: feedstock volatility; ethane advantage; polymer demand down 22% - Exploration & Production: revenue +3.2%, CBM production up, natural gas prices elevated - New Energy: rapid scale-up of solar PV and battery manufacturing; integrated green energy ecosystem - Multiple analyst questions on Jio digital services growth and retail quick commerce strategy