Reliance Industries' Q3 Performance Signals Steady Growth

Reliance Industries Limited (RIL) reported a 10% year-on-year revenue increase in Q3 FY26, reaching Rs 2,93,829 crore. EBITDA rose 6.1%, while profit after tax saw a moderate rise. Jio Platforms and Reliance Retail also showed growth, with significant expansions in Jio's subscriber base and retail operations.

Reliance Industries Limited (RIL) demonstrated a strong performance in the quarter ending December 31, 2025, with a 10% year-on-year increase in consolidated gross revenue, reaching Rs 2,93,829 crore. The company's EBITDA rose by 6.1% to Rs 50,932 crore, while profit after tax went up by 1.6%, as per the recent media release.

In the nine-month period ending December 2025, RIL saw an 18.3% rise in EBITDA and a 28.1% increase in profit after tax, signaling consistent financial progression, according to Mukesh Ambani, RIL's Chairman and Managing Director. Ambani highlighted Jio's expanding digital ecosystem and its impact on growth. With 16.4% EBITDA growth, Jio continues to strengthen its subscriber base.

RIL's Oil to Chemicals segment reported revenue growth, and Jio's 5G subscribers exceeded 250 million. Reliance Retail Ventures showed robust transaction volumes, reflecting the company's retail expansion. Despite challenges in the Oil and Gas segment, ongoing growth projects in the company's business areas boosted capital expenditure.