Reliance Q4 net profit falls 12.5 pc amid oil and chemicals slump

Reliance Industries Ltd reported a 12.5% decline in net profit for the March quarter, with earnings at Rs 16,971 crore compared to Rs 19,407 crore a year earlier. The downturn was driven by weakness in its oil and chemicals segment, offsetting gains in telecom and retail.

New Delhi: Reliance Industries Ltd on Friday reported a 12.5 per cent fall in its March quarter net profit as the world’s largest energy crisis hit its mainstay oil and chemicals business, undoing gains in consumer-facing telecom and retail units.

Its net profit of Rs 16,971 crore in January-March – the fourth and final quarter of 2025-26 fiscal year – compared with Rs 19,407 crore earnings in the same period a year back, according to the company’s stock exchange filing.

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The profit was also lower quarter-on-quarter against Rs 18,645 crore earnings in October-December 2025.

The total income rose to Rs 3.03 lakh crore in Q4 from Rs 2.69 lakh crore a year ago.

For the full year, its net profit was Rs 80,775 crore, 16 per cent higher than Rs 69,648 crore in 2024-25.