Thank you, readers! That's all from Upstox.com's live coverage on Reliance Industries results on July 18, 2025.

• JioMart, India’s fastest scaling digital grocery platform, is redefining digital-first and fulfilment-led commerce.
• Quick hyper-local commerce saw strong pick up in daily orders with 68% Q-o-Q growth and 175% Y-o-Y growth. Operations were scaled to 4,290 pin codes serviced by 2,200+ stores in 1,000+ cities.
• Business focused efforts on frequency enhancing categories leading to 21% orders which now include F&V.

Reliance Industries Q1 Results Live Updates: Consumer Electronics business achieved steady growth, driven by an average bill value growth (up 26%), and conversions (+200 bps) Y-o-Y. AC sales were impacted due to early onset of monsoon.

Reliance Industries Q1 Results Live Updates: Jio launched JioGames Cloud which is a cutting-edge cloud gaming platform that allows anyone with a smartphone or a regular laptop/desktop or Jio-STB to play high-end console-quality games without needing any additional hardware. The subscription currently gives access to 500+ titles with data, voice and SMS bundled in one single plan. There is also a separate subscription plan for non-Jio connectivity users.

Reliance Industries Q1 Results Live Updates: JioTrue5G user base crossed the 200 million milestone during the quarter and now stands at 213 million as of June 2025. Large scale adoption of JioTrue5G with differentiated customer experience has been driven by Jio’s own, end-to-end 5G stack with cloud native core network, which is ready to be taken to global markets.

Reliance Industries Q1 Results Live Updates: Reliance Industries' consolidated finance costs surged by 18.9% Y-o-Y to ₹7,036 crore ($820 million), largely due to the operationalisation of 5G spectrum assets.

• JioHotstar posted its highest-ever monthly entertainment watch-time in the month of June 2025.
• The latest Season of ‘Criminal Justice’ had the strongest opening for any OTT original in 2025 (Source: Ormax Media). Kesari 2 emerged as 2025’s biggest movie across all languages on JioHotstar.
• JioHotstar continues to be the preferred choice for International content with Captain America: Brave New World, debuting as the second most-watched film of the quarter and Mufasa: The Lion King becoming the most-watched international movie ever on the platform.

• Star Plus retained its leadership in the Hindi GEC space with 6 out of top 10 shows.
• Star Utsav and Colors Rishtey re-launched on DD Free Dish, reshaping the FTA Hindi GEC landscape, with Star Utsav becoming the No 1 channel since its day of launch.
• Regional GECs delivered consistent performance across markets. Star Pravah, Star Jalsha, Star Maa and Asianet continued to be #1 Entertainment channels in their respective markets.
• The network maintained its undisputed leadership in niche genres – Kids, Youth and English.

• IPL 2025 delivered record-breaking viewership across TV and digital with 1.19 billion viewers across TV and JioHotstar.
• JioHotstar delivered the biggest ever IPL with a reach of 652 million viewers, a growth of 28% Y-o-Y.
• IPL 2025 delivered a 5.1 TVR and over 514 billion minutes of watch-time across TV.
• IPL 2025 Final match was the biggest T20 match ever on Digital with a reach of 237 million and a peak concurrency of 55.2 million (versus previous IPL record of 35.9 million). On TV too, this match reached 189 million, the biggest for an IPL match ever.
• Alongside IPL, the JioStar network hosted several other sports tournaments in this quarter, including the ICC World Test Championship (WTC) Final amongst marquee cricket events.
• JioHotstar also secured exclusive digital streaming rights for India's five-Test series against England.

• JioStar reported record revenues of ₹11,222 crore with EBITDA of ₹1,017 crore.
• 1Q FY26 was driven by a successful IPL season with strong growth across both TV and digital platforms.
• The quarter saw remarkable growth, achieving a subscriber base of 287 million during IPL on JioHotstar and reaching over 800 million people on TV during the quarter.
• With key launches, sustained leadership across markets, and a strategic entry into the FTA Hindi GEC space, the network further consolidated its position with a 35.5% Entertainment TV share.

• Strong revenue for the quarter at ₹11,222 crore
• JioStar delivered the biggest ever IPL in terms of viewership and monetisation
• JioHotstar app hits 1.04 billion downloads on Android
• JioHotstar averaged 460 million+ MAUs during the quarter
• Industry leading TV entertainment viewership share of 35.5%

• Oil and Gas (Exploration and Production) segment quarterly revenue at ₹ 6,103 crore ($712 million), down 1.2% Y-o-Y
• Quarterly EBITDA at ₹4,996 crore ($ 583 million), down 4.1% Y-o-Y.
• 1Q FY26 revenue is lower by 1.2% Y-o-Y mainly on account of lower sales volume of KGD6 gas in line with natural decline in production. Revenue was also impacted by lower gas price for CBM gas and lower crude price realisation. This was partly offset by higher KGD6 gas price.
• The average price realized for KGD6 gas was $9.97/MMBTU in 1Q FY26 vis-à-vis $9.27/MMBTU in 1Q FY25. The average price realised for CBM gas was lower at $9.90/MMBTU in 1Q FY26 vis-à-vis $11.59/MMBTU in 1Q FY25.

• Segment Revenue for 1Q FY26 is lower by 1.5% Y-o-Y to ₹ 154,804 crore ($ 18.1 billion) due to fall in crude oil prices and lower volumes on account of planned shutdown. Revenues were supported by higher domestic placement of transportation fuels through Jio-bp network.
• Segment EBITDA for 1Q FY26 increased by 10.8% Y-o-Y to ₹ 14,511 crore ($ 1.7 billion) due to favourable margins on domestic fuel retail, improvements in transportation fuel cracks as well as PP & PVC deltas. This was partially offset by lower volumes due to planned turnaround, and decline in polyester chain margins.
• Jio-bp now operates a strong country-wide network of 1,991 fuel retail outlets.
• Strong growth fuel retailing volume MS (+38.6%), HSD (+34.2%).

• The business expanded its store network with 388 new store openings taking the total store count to 19,592 with area under operation at 77.6 million sq. ft.
• The registered customer base grew to 358 million, making Reliance Retail one of the most preferred retailers in the country.
• JioMart continues to expand quick hyper local deliveries registering 68% Q-o-Q growth and 175% Y-o-Y growth of daily orders.

• Business delivered steady performance during the quarter with revenue of ₹84,171 crore, up 11.3% Y-o-Y. All segments performed well, with market leading performance in grocery and fashion.
• Consumer electronics and devices impacted because of early onset of monsoons, recovery underway.
• Reported EBITDA at ₹ 6,381 crore which was up 12.7% Y-o-Y. Delivered Industry leading EBITDA margin which improved further by 20 bps Y-o-Y to 8.7%.
• EBITDA before Investment Income was at ₹ 6,044 crore, a growth of 10.9% Y-o-Y.
• Finance cost at ₹ 592 crore, up 7.6% Y-o-Y.
• 388 new stores opened

Reliance Industries Q1 Results Live Updates: Akash M Ambani, Chairman of Reliance Jio Infocomm, said, "We have delivered a milestone quarter at Jio with our 5G and Home subscriber base crossing the 200 million and 20 million marks respectively. Jio continues to bring next generation services for its users with the launch of JioGames Cloud and JioPC bundle at affordable prices to drive adoption of digital services in India. Jio continues to create unparalleled technology infrastructure and is extending its leadership in 5G and fixed broadband. This will be pivotal in driving AI adoption in the country."

• Operating revenue (net of GST) growth driven by strong subscriber growth momentum across mobility and homes, increased customer engagement and growth in digital services business.
• EBITDA growth driven by higher revenues and strong margin improvement.
• Margin increase of 210 bps Y-o-Y was led by operational leverage and sharp focus on cost efficiencies.

• Jio Platforms quarterly revenue at ₹41,054 crore, up 18.8% Y-o-Y
• Quarterly EBITDA at ₹18,135 crore, up 23.9% Y-o-Y
• Extending market leadership with 498 million subscribers; net addition of 9.9 million in Q1 FY26
• Milestone quarter with 5G subscribers crossing 200 million and Home connects of over 20 million; JioAirFiber is now the Largest FWA service globally
• Leadership in technology innovation enhanced with UBR stack which is enabling 1 million+ Monthly Home Connects
• JioGames Cloud and JioPC are latest additions to Jio’s Best In Class Platform Services for Enterprises and Consumers

Reliance Industries Q1 Results Live Updates: Commenting on the results, Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited said, "Reliance has begun FY26 with a robust, all-round operational and financial performance. Consolidated EBITDA for 1Q FY26 improved strongly from a year-ago period, despite significant volatility in global macros.

During the quarter, energy markets encountered heightened uncertainty, with sharp fluctuations in crude prices. Our O2C business delivered strong growth, with thrust on domestic demand fulfillment and offering value-added solutions through Jio-bp network. Performance was supported by improvement in fuel and downstream product margins. Natural decline in KGD6 gas production resulted in marginally lower EBITDA for Oil & Gas segment.

Retail’s business performance registered customer base expanded to 358 million, along with significant improvement across operating metrics. We are focusing on strengthening the portfolio of own FMCG brands, which resonate with the tastes of Indian consumers. Our Retail business continues to enhance its ability to fulfill everyday as well as specialized needs of all customer cohorts, through a multi-channel approach.

I am happy to share that Jio has scaled newer heights during the quarter including crossing 200 million 5G subscribers and 20 million home connects. Jio AirFiber is now the largest FWA service provider in the world, with a base of 7.4 million subscribers. Our Digital Services business consolidated its market position with a robust financial and operational performance. Through its differentiated offerings across mobility, broadband, enterprise connectivity, cloud and smart homes, Jio has positioned itself as the technology partner of choice for Indian consumers.

Reliance’s Media business has emerged as a one-stop platform for entertainment, sports and news content from all over the world. We will continue to enhance our suite of offerings across genres to cater to the discerning Indian audience.

Reliance is committed to contribute to India’s growth this journey through inclusive growth, technological innovation and leading energy transformation. The performance of our businesses and growth initiatives gives me confidence that Reliance will continue its stellar track record of doubling every 4-5 years."

• Highest-ever consolidated quarterly EBITDA and net profit
• Jio surpasses 200 million 5G subscribers, 20 million home connections
• Jio Platforms EBITDA up 24% Y-o-Y at ₹18,135 crore, margin up 210 bps
• Reliance Retail EBITDA up 13% Y-o-Y at ₹6,381 crore, industry leading EBITDA margin
• JioMart Quick hyper-local daily orders up 175% Y-o-Y and 68% Q-o-Q
• Jio-bp Transportation Fuels volumes up sharply by 35%, supporting O2C EBITDA growth
• JioHotstar delivers biggest ever IPL, averaged 460 million+ MAUs

Reliance Industries Q1 Results Live Updates: Revenue from operations advanced 5.26% to ₹2,48,660 crore in the latest June quarter, compared to ₹2,36,217 crore in the corresponding period of the last fiscal year.

Reliance Industries Q1 Results Live Updates: Mukesh Ambani-led RIL will announce its earnings for the first quarter of the current financial year 2025-26 soon.

Reliance Industries Q1 Results Live Updates: The market capitalisation of RIL stands at ₹19,97,392.96 crore, while its free float m-cap is ₹9,97,234.39 crore, according to data on NSE.

Reliance Industries Q1 Results Live Updates: RIL is involved in many businesses, including energy, petrochemicals, retail, digital services, new energy & new materials, and media & entertainment, among others.

• Mukesh D Ambani, Chairman & Managing Director
• Isha M. Ambani, Non-Executive Director
• Akash Ambani, Non-Executive Director
• Anant Ambani, Executive Director
• Hital Meswani, Executive Director
• Nikhil Meswani, Executive Director
• PMS Prasad, Executive Director
• Shumeet Banerji, Independent Director
• Arundhati Bhattacharya, Independent Director
• KV Chowdary, Independent Director
• HE Yasir Othman H. Al Rumayyan, Independent Director
• KV Kamath, Independent Director
• Haigreve Khaitan, Independent Director
• Dinesh Kanabar, Independent Director

• Revenue at ₹2,590 crore versus ₹2,375 crore, UP 9.1% YoY
• Net profit at ₹135 crore versus ₹131 crore, UP 3.45% YoY

• Revenue at ₹372 crore versus ₹331 crore, UP 12% YoY.
• Net profit at ₹153.5 crore versus ₹113.9 crore, UP 34.77% YoY.
• EBITDA at ₹134 crore, UP 12% YoY.
• EBITDA margin at 36%.

• Revenue at ₹590 crore versus ₹555 crore, UP 6.3% YoY
• Net profit at ₹54 crore versus ₹33.2 crore, UP 62.7% YoY
• EBITDA at ₹74 crore versus ₹65 crore, UP 14% YoY
• EBITDA margin at 12.6% versus 11.7% YoY

Q1 Results Live Updates: Speaking on Bandhan Bank’s performance, MD and CEO Partha Pratim Sengupta said, “Bandhan Bank has delivered a sequentially improving performance in Q1 FY26, marked by strong growth in deposits and continued momentum in Retail & Wholesale banking. While the operating environment poses certain challenges, our performance reflects the underlying resilience of our business and the strength of our strategic direction. We remain focused on prudent risk management, operational efficiency, and delivering long-term value for our customers and stakeholders."

Q1 Results Live Updates: Bandhan Bank posted a net profit of ₹372 crore in the first quarter of FY26, reflecting a decline of 65% from ₹1,063 crore in Q1 FY25.

Net interest income (NII) as of Q1 FY26 stood at ₹2,757 crore as against ₹2,987 crore in Q1 FY25, Q4 FY25 NII at ₹2,756 crore.

Q1 Results, Share Price Live Updates: JSW Steel posted a consolidated profit after tax of 158.46% to ₹2,184 crore in the latest June quarter, compared to 845 crore a year back.

JSW Steel, a multinational steel producer, is a flagship company of the JSW Group.

Q1 Results, Share Price Live Updates: Piramal Pharma Ltd has informed that the meeting of the Board of Directors of the Company is scheduled on July 28 to consider and approve the financial results for the quarter ended June 30, 2025.

Q1 Results, Share Price Live Updates: Sandeep Modi, Chief Financial Officer, Hindustan Zinc, said, "Despite commodity headwinds and a weaker dollar, our focus on sustainable and efficient production enabled us to deliver a consistent EBITDA margin of 50%. Staying true to our commitment to create long-term value for our shareholders, the Board declared an interim dividend of ₹ 10 per share during the quarter, reinforcing our track record of consistent returns. Amidst continued global uncertainties, our healthy balance sheet, structurally leaner cost base, and robust growth project pipeline position us well to deliver sustainable long-term value."

"Delivering our highest-ever first quarter mined metal production at the lowest-ever zinc cost of production reflects our relentless focus on operational efficiencies and cost leadership. In line with the rising zinc demand projected by 2030, the Board has approved the Phase-1 expansion project towards 2x growth, further strengthening our growth pipeline. Coupled with the addition of blocks of critical minerals and rare earth elements, we are strategically poised to transform into a true multi-metal powerhouse, unlocking sustained value for all our stakeholders," Arun Misra, Chief Executive Officer of Hindustan Zinc, said.

Q1 Results, Share Price Live Updates: Mining major Hindustan Zinc recorded a 4.73% decline in its consolidated net profit to ₹2,234 crore in Q1 FY26 as against ₹2,345 crore a year back.

Revenue from operations slid 3.82% to ₹7,591 crore in the reporting quarter compared to ₹7,893 crore in Q1 FY25.

Q1 Results, Share Price Live Updates: Chemical manufacturer Atul Ltd posted an 8.78% increase in its consolidated net profit to ₹121.71 crore in the latest June quarter, compared to ₹111.88 crore a year back.

Revenue from operations surged 11.8% to ₹1,478 crore in the quarter under review as against ₹1,322 crore in Q1 FY25.

Q1 Results, Share Price Live Updates: Shares of the Mukesh Ambani-led firm Reliance Industries are trading 0.09% lower at ₹1,475 per unit on the NSE ahead of earnings announcement.

Q1 Results, Share Price Live Updates: Vijaya Diagnostic Centre Ltd will announce its latest set of numbers for the first quarter of FY26 on July 28.

Q1 Results, Share Price Live Updates: Indian Overseas Bank reported a 75.56% surge in its profit to ₹1,111 crore in Q1 FY26 as compared to ₹632.8 crore a year ago. Its net interest income, or NII, rose 13% to ₹2,747 crore in the June quarter of the current fiscal year vs ₹2,441 crore in the same period a year ago.

Q1 Results, Share Price Live Updates: Shares of Bandhan Bank are trading 0.85% higher at ₹186.76 apiece on the NSE ahead of the earnings announcement.

Q1 Results, Share Price Live Updates: Tata Chemicals will release its first quarter FY26 earnings on July 25, 2025.

Q1 Results, Share Price Live Updates: Garuda Construction and Engineering posted a 223.95% increase in its consolidated net profit to ₹27.99 crore in the three-month period ended June 2025 as compared to ₹8.64 crore in the year-ago period.

Revenue from operations stood at ₹125.15 crore in Q1 FY26, compared to ₹35.12 crore in the same period of the previous fiscal year.

Q1 Results, Share Price Live Updates: Steel producer JSW Steel shares are trading 0.21% lower at ₹1,032 apiece on the National Stock Exchange (NSE) ahead of the latest June quarter earnings.

Q1 Results, Share Price Live Updates: Shares of Mukesh Ambani-led Reliance Industries are down 0.37% to ₹1,471 apiece on the NSE ahead of the earnings announcement.