RELIANCE INDUSTRIES LTD. — Q1FY27 earnings call summary

Filed 19 July 2026 · Official transcript

Exploration & Production revenue +3.2%, CBM production rising, price ceiling expected to increase
Petrochemicals faced raw material price volatility; ethane feedstock advantage sustained
Management highlighted disciplined capex, focus on digital commerce scale, and technology leadership in telecom and new energy
Q1FY27 consolidated revenue up 25%, EBITDA up 10%, PAT up 6%
Jio Platforms revenue +12%, EBITDA margin 53.3%, 533M subscribers with 285M on 5G
Retail revenue +12%, EBITDA margin 7.9%, digital commerce growing rapidly with 116% grocery order growth
Refining & Marketing revenue +30%, EBITDA +17%, high throughput despite supply challenges
FMCG revenue doubled YoY, expanding distribution and international markets