Reliance Industries Limited posted record revenue, EBITDA, and net profit for the fiscal year 2026, despite a challenging global environment marked by geopolitical tensions, supply chain disruptions, and commodity price volatility. Chairman and Managing Director Mukesh Ambani announced the results during the company's 49th Annual General Meeting on Friday.
Record Financial Performance
Ambani stated, "Reliance posted a record high revenue, a record high EBITDA, and a record high net profit for the financial year 2026, despite global challenges." The conglomerate's consolidated revenue for FY26 stood at Rs 11,75,919 crore, reflecting a 9.8% year-on-year increase. Net profit reached Rs 95,754 crore, up 17.8% from the previous year.
EBITDA for FY26 was Rs 2,07,911 crore, a significant rise from Rs 97,580 crore in FY21. This growth underscores the company's robust operational performance amidst global headwinds.
Retail and Digital Businesses Drive Growth
Ambani highlighted the growing contribution of consumer-facing businesses, particularly retail and digital operations, which played a key role in driving growth. "Despite the volatility, rapid scaling up of our retail and digital businesses played a key role in meeting our commitment to doubling RIL's EBITDA over five years," he said.
Retail and digital businesses now account for nearly half of the company's EBITDA, indicating a shift in Reliance's growth profile. "Together, they are increasingly becoming the primary drivers of Reliance's future growth," Ambani added.
Capital Expenditure and Economic Contribution
The Reliance chairman also emphasized the group's contribution to investment and economic activity in India. Capital expenditure during FY26 stood at Rs 1,44,271 crore. Over the last five years, Reliance invested Rs 6,48,428 crore (over USD 68 billion), the highest by any company in India.
Exports during FY26 were Rs 2,78,808 crore, accounting for 6.7% of India's total merchandise exports. Reliance remained the largest contributor to the national exchequer, contributing Rs 2,16,472 crore during the year. Cumulative contributions over the last five years crossed Rs 9,78,000 crore.
Outlook
With record financials and a strong focus on retail and digital, Reliance Industries continues to solidify its position as a key driver of India's economic growth, even in the face of global uncertainties.
