RELIANCE INDUSTRIES LTD. — Q4FY26 earnings call summary

Filed 26 April 2026 · Official transcript

FY26 consolidated revenue grew 10%, EBITDA up 13.5%, consumer businesses >55% of EBITDA
FMCG FY26 revenue Rs22,000 Cr, Campa brand Rs4,700 Cr, rapid expansion in manufacturing and distribution
Oil-to-Chemicals faced supply shocks; agile crude sourcing maintained refinery throughput near capacity
Exploration & Production managing 8% production decline, LNG prices elevated due to geopolitical issues
Jio Platforms: 524m subscribers, 268m 5G users, revenue Rs146,085 Cr +14.6%, EBITDA Rs76,255 Cr +19%, 52% margin
Retail Q4 revenue Rs98,000 Cr +11% Y-o-Y, EBITDA Rs6,900 Cr, hyperlocal commerce +300% Y-o-Y
New Energy signed large green ammonia contract; giga factories commissioning progressing
Q&A highlighted refinery crude flexibility, fuel retail long-term view, Jio's network slicing and growth priorities