Reliance Industries Q1 Results 2027: Net Profit Falls 22% YoY, Revenue Jumps 25%
Reliance Industries reported a 25.41% year-on-year rise in Q1 FY27 revenue to ₹3.12 lakh crore. However, net profit declined 22.41% due to the absence of a one-time investment gain recorded in the year-ago quarter.
Reliance Industries Q1 Results 2027: Consolidated revenue from operations rose 25% year-on-year to ₹3,11,850 crore in Q1 FY27, but net profit fell 22% to ₹20,946 crore as last year's quarter had benefited from a one-off ₹8,924 crore gain on sale of listed investments. The oil-to-chemicals segment led growth.
Reliance Industries Q1 2027 Results: On 17 July, Reliance Industries reported a 25.41% year-on-year increase in Q1 FY27 revenue to ₹3.12 lakh crore. Net profit declined 22.41% to ₹20,946 crore due to the absence of a one-time investment gain recorded in the corresponding quarter last year. Here is the detailed breakup of Reliance Q1 results 2027
Reliance Industries Q1 FY27 Results Highlights
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Revenue from operations came in at ₹3,11,850 crore, up 25% from ₹2,48,660 crore a year earlier, and up over 4% from ₹2,98,621 crore in the March quarter.
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Total income, which adds other income to operating revenue, rose 21% year-on-year to ₹3,18,400 crore and 5% over the previous quarter. Other income in the year-ago quarter included a one-time gain of ₹8,924 crore from the sale of listed investments, a gain that did not repeat this quarter.
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EBITDA stood at ₹47,517 crore, up close to 11% year-on-year and nearly 8% over the March quarter. EBITDA margin came in at 15.24%, an improvement from 14.78% in Q4 FY26, though still below the 17.25% margin seen in Q1 FY26, when the investment sale gain had flattered the base.
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Net profit attributable to shareholders of the company fell 22% year-on-year to ₹20,946 crore, down from ₹26,994 crore in Q1 FY26. A quarterly comparison tells a different story, profit was up over 23% from ₹16,971 crore in the March quarter.
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Diluted earnings per share stood at ₹15.48 for the quarter, against ₹19.95 a year earlier and ₹12.54 in the previous quarter, tracking the same pattern as profit.
|
Metric |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Revenue from Ops (₹ Cr) |
3,11,850 |
2,98,621 |
+4.43% |
2,48,660 |
+25.41% |
|
Total Income (₹ Cr) |
3,18,400 |
3,03,068 |
+5.06% |
2,63,779 |
+20.71% |
|
EBITDA (₹ Cr) |
47,517 |
44,141 |
+7.65% |
42,905 |
+10.75% |
|
EBITDA Margin % |
15.24% |
14.78% |
+46 bps |
17.25% |
-201 bps |
|
PAT — Owners (₹ Cr) |
20,946 |
16,971 |
+23.42% |
26,994 |
-22.41% |
|
EPS — Diluted (₹) |
15.48 |
12.54 |
+23.44% |
19.95 |
-22.41% |
Source: NSE filing, Reliance Industries Q1 FY27 Consolidated Unaudited Results.
Reliance Industries Consolidated, Q1 FY27 vs Q1 FY26
The oil-to-chemicals business was the biggest driver, with segment revenue up 30% year-on-year to ₹2,01,803 crore. The "Others" segment, which houses newer businesses, more than doubled its base, growing 69% year-on-year.
|
Segment |
Q1 FY27 (₹ Cr) |
Q1 FY26 (₹ Cr) |
YoY% |
|---|---|---|---|
|
Oil to Chemicals (O2C) |
2,01,803 |
1,54,804 |
+30.36% |
|
Oil and Gas |
6,298 |
6,103 |
+3.20% |
|
Retail |
90,409 |
84,172 |
+7.41% |
|
Digital Services |
46,900 |
41,949 |
+11.80% |
|
Others |
31,204 |
18,470 |
+68.94% |
Source: NSE filing, Reliance Industries Q1 FY27 Consolidated Segment Information.
Reliance Industries Dividend 2026 and Stock Performance
No dividend was announced in the Q1 FY27 results filing.
As of 17 July, 3:30 PM
Ahead of the Q1 FY27 results, Reliance Industries' share price closed 2.48% higher on Friday. However, the stock is down 15% on a year-to-date (YTD) basis and has declined 10% over the one year from July 17, 2025, to July 17, 2026.