Home›Earnings›Results›Reliance Q1 profit declines 22.4% year over year to ₹2…

Reliance Q1 profit declines 22.4% year over year to ₹20,946 crore

Revenue from operations rose 25.4% year over year to ₹311,850 crore, while profit increased 23.4% quarter over quarter.

Reported · Written up by our desk · Results

Reliance Industries reported Q1FY27 results on July 17, with consolidated net profit attributable to owners falling 22.4% year over year to ₹20,946 crore for the April to June quarter.

The company said revenue from operations increased 25.4% year over year and 4.4% quarter over quarter to ₹3,11,850 crore.

On a sequential basis, Reliance’s Q1FY27 profit rose 23.4% from ₹16,971 crore in Q4FY26.

In comments accompanying the results, Mukesh D. Ambani said Reliance made a steady start to FY27, pointing to strong operating performance across its businesses amid geopolitical tensions and volatile commodity markets, according to Reuters via LiveMint Markets.

More like this

Sources