• Record EBITDA for the quarter with industry leading margins of 28.1%
• The India–England Test Series became the most-watched Test series ever on a digital platform with 170 million viewers
• JioHotstar averaged 400 million MAUs during the quarter
• Industry Leading TV Entertainment Viewership Share of 34.5%

Reliance Industries Q2 Results Live Updates: Isha M. Ambani, Executive Director, Reliance Retail Ventures Limited, said “Reliance Retail delivered strong performance during the quarter led by our relentless focus on operational excellence, investments in stores and digital platforms and festive buying across consumption baskets. GST rate changes will further accelerate consumption growth as consumers get the benefit of lower prices. Our success is a testament to our deep understanding of the consumer. We consistently innovate, from curating new collections to creating campaigns that connect with today's Indian consumer, and our focus remains on building brands that inspire and resonate across India".

Reliance Industries Q2 Results Live Updates: Akash M Ambani, Chairman of Reliance Jio Infocomm, said, “Jio has proudly served over 500 million subscribers addressing multiple digital needs of their everyday life. This has been possible due to Jio's Deep-Tech initiatives which have sparked India's technological revolution and have become the backbone of our Prime Minister's Digital India Mission. Jio will continue to bring new age technologies and enhance the life of every Indian citizen. Jio has successfully delivered its indigenous technology stack at India scale and is now set to take our homegrown technology around the world”.

Reliance Industries Q2 Results Live Updates: Reliance Jio Average Revenue Per User (ARPU) rose 8.4% YoY to ₹211.4 per subscriber per month. In Q1, ARPU stood at ₹208.8.

• Quarterly Revenue at ₹160,558 crore ($ 18.1 billion), up 3.2% Y-o-Y
• Quarterly EBITDA at ₹15,008 crore ($ 1.7 billion), up 20.9% Y-o-Y
• Jio-bp now operates a strong country-wide network of 2,057 fuel retail outlets

• Quarterly Revenue at ₹ 90,018 crore, up 18.0% Y-o-Y
• Quarterly EBITDA at ₹ 6,816 crore, up 16.5% Y-o-Y
• Focus on new store opening continues with 412 new stores opened
• Quick Hyper-Local Commerce maintains strong growth trajectory

• Quarterly Revenue at ₹ 42,652 crore, up 14.9% Y-o-Y.
• Quarterly EBITDA at ₹ 18,757 crore, up 17.7% Y-o-Y.
• Jio subscriber base crossed the milestone of 500 million; Total subscriber base of over 506 million as of Sep’ 25.
• Jio Airfiber rollout continues to accelerate at scale with over 1 million new homes being connected every month.
• JioAirFiber extended its global leadership with 9.5 million subscribers. = Total data traffic increased 29.8% Y-o-Y to over 58 Exabytes, with 5G share in wireless traffic at more than 50%.

Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited said: “Reliance delivered a robust performance during 2QFY26 led by strong contribution from O2C, Jio and Retail businesses. Consolidated EBITDA registered 14.6% growth on a Yo-Y basis, reflecting agile business operations, domestic focused portfolio and structural growth in Indian economy.

Digital services business continues to scale-up with positive momentum in subscriber addition across homes and mobility services, driven by Jio’s network and technology leadership. Jio’s innovative radio solutions and ubiquitous stand-alone 5G network have enabled it to provide broadband connectivity to households across India. We continue to augment our capabilities with pioneering systems and platforms, ensuring the benefits of ever-evolving technology landscape for all Indians.

I am happy to highlight the growth momentum of our Retail business. All formats registered higher volume, propelling strong growth in both revenue and EBITDA. There has also been a sustained pick-up in our quick hyperlocal delivery model. The recently announced progressive reforms in GST regime provide a boost to continuing consumption-led growth.

O2C business delivered robust growth on Y-o-Y basis, despite continued volatility in energy markets. Fuel margins recovered over previous year led by middle distillate cracks. Downstream chemicals continue to be impacted by overcapacity. Corrective steps by the industry stakeholders will help balance global downstream markets in the medium-term. Reliance’s operational delivery is supported by integrated assets, high mix of light-feed cracking, including a virtual ethane pipeline from the US, and strong focus on domestic markets.

I am happy with the progress we are making in our new growth engines – new energy, media and consumer brands. I believe these businesses will build on Reliance’s legacy of creating industry leaders, focused on technology and innovation to provide Indian consumers the right products and services at the right price.

Our initiatives in the AI domain are aimed at ensuring Reliance stays at the forefront of evolving technologies and leverage these capabilities for the benefit of India and Indians.”

Reliance Industries Q2 Results Live Updates: Gross Revenue increased by 9.9% Y-o-Y to ₹283,548 crore

• JPL revenue increased by 14.9% Y-o-Y led by industry leading subscriber growth across mobility and homes, sustained improvement in ARPU and continued ramp-up in digital service offerings.
• RRVL revenue increased by 18.0% Y-o-Y, with significant growth across consumption baskets. Grocery and Fashion delivered market leading performance growing 23% and 22% respectively. Consumer Electronics delivered 18% Y-o-Y growth aided by GST rate reduction and new launches.
• Oil to Chemicals (O2C) revenue increased by 3.2% Y-o-Y. Production meant for sale increased 2.3% on a Y-o-Y basis. Company’s fuel retailing operations through Jio-bp further expanded its domestic placement of transportation fuels. Jio-bp achieved a volume growth of 34% for HSD and 32% for MS.
• Oil and Gas segment revenue decreased by 2.6% Y-o-Y mainly on account of natural decline of production in KGD6, and lower condensate price realisation. This was partly offset with improved KGD6 gas price realisation and higher volume of CBM.

Reliance Industries Q2 Results Live Updates: Revenue from operations advanced 9.94% to ₹2,58,898 crore in the latest September quarter, compared to ₹2,35,481 crore in the corresponding period of the last fiscal year.

• Revenue at ₹5,177.42 crore versus ₹3,237.66 crore, UP 58.06% YoY
• Net profit at ₹824.27 crore versus ₹876.76 crore, UP 5.64% YoY

Bank of India (BoI) reported a 7.6% YoY rise in net profit to ₹ 2,554 crore in the September quarter of FY26.

The bank posted a net profit of ₹2,374 crore in the July-September quarter a year ago.

Realty firm Sobha posted a nearly three times YoY increase in its consolidated net profit to ₹ 72.52 crore in the second quarter of this fiscal on better income.

Its net profit stood at ₹26.08 crore in the year-ago period.

Q2 Results Live Updates: L&T Tech's Board of Directors also declared an Interim Dividend of ₹18/- per equity share.

"The Interim Dividend shall be paid to equity shareholders of the Company whose names will appear in the Register of Members or in the records of the Depositories as Beneficial Owners of Equity shares as on Monday, October 27, 2025, which is the Record Date fixed for the aforesaid purpose," the company said.

L&T Technologies reported a 2.8% quarter-on-quarter (QoQ) increase in its net profit to ₹329 crore in Q2FY26, compared to ₹320 crore in the previous quarter (Q1FY26).

Commenting on the earnings, Warren Harris, Chief Executive Officer and Managing Director at Tata Technologies, said: “Q2 FY26 was a quarter of strong progress and positive momentum. We achieved a return to growth, upheld margin discipline, strengthened our strategic position in Europe, advanced our innovation agenda, and continued to invest in talent and partnerships that fuel long-term value creation. While we may see some short-term, tactical challenges in Q3, we remain confident in a solid rebound in Q4, supported by a robust pipeline, improving demand trends, and continued operational excellence. As we move into the second half of FY26, we do so with strong momentum, a resilient foundation, and a clear focus on accelerating sustainable, technology-led growth.”

Its Chief Financial Officer, Savitha Balachandran, said: “Q2 FY26 marked a quarter of financial resilience and operational discipline. Our margin performance remained stable despite ongoing macroeconomic challenges. We maintained a healthy balance sheet, enabling continued investments in strategic priorities. Looking ahead, while we remain cautious about near-term demand softness, we are confident in our ability to navigate the environment and deliver sustainable value creation in the second half of the fiscal year.”

• Revenue at ₹1,323.33 crore versus ₹1,296.45 crore, UP 2.1% YoY
• Net profit at ₹165.50 crore versus ₹157.41 crore, UP 5.1% YoY

Q2 Results Live Updates: Polycab India on Friday reported a 55.64% year-on-year (YoY) growth in consolidated net profit to ₹ 692.95 crore during the quarter ending September 30, 2025.

The company's net profit stood at ₹445.20 crore during the corresponding period of previous fiscal, Polycab India said in a statement.

Revenue from operations of the company witnessed 17.8% YoY growth during the quarter under review at ₹6,477.21 crore, compared to ₹5,498.42 crore in the same period of the previous year.

Q2 Results Live Updates: Havells India Ltd on Friday reported an 18.92% increase in consolidated net profit at ₹319 crore for the quarter ended September 30, 2025.

The company had posted a net profit of ₹268.23 crore in the year-ago period.

Q2 Results Live Updates: State-owned Central Bank of India on Friday reported a 33% growth in net profit to ₹1,213 crore for the second quarter ended September 30.

The bank had a net profit of ₹913 crore in the July-September quarter of FY25.

Q2 Results Live Updates: Shares of oil-to-telecom conglomerate Reliance Industries settled 1.49% higher at Rs 1,419.1 per unit on the NSE ahead of the earnings announcement.

Q2 Results Live Updates: Sterling and Wilson Renewable Energy on Friday reported a consolidated net loss of ₹477.62 crore in the September quarter, due to an exception item of ₹580.10 crore during the period under review.

The company posted a consolidated net profit of ₹8.57 crore in the quarter ended on September 30, 2024, a BSE filing showed.

Q2 Results Live Updates: JSW Steel on Friday reported a multi-fold increase in consolidated net profit at ₹1,623 crore for the second quarter ended September 2025.

The company had posted a net profit of ₹439 crore in the July-September quarter a year ago, according to a regulatory filing.

Q2 Results Live Updates: Hindustan Zinc on Friday reported a 13.83% rise in net profit to ₹2,649 crore for the second quarter ended September 30. The company had a consolidated net profit of ₹2,327 crore in the second quarter of FY25.

Q2 Results Live Updates: UCO Bank on Friday reported an 2.82% rise in its September quarter net profit at ₹619.76 crore. The lender had reported a net profit of ₹602.74 crore in the year-ago period.

Q2 Results Live Updates: Dalmia Bharat Ltd on Friday reported a 413% increase in its consolidated net profit to ₹236 crore in the second quarter of this fiscal year.

Its net profit stood at ₹46 crore in the year-ago period.

Q2 Results Live Updates: Shares of Rallis India, a Tata enterprise, are up 0.63% to ₹286 per unit after the company reported a 4% YoY growth in its profit after tax at ₹102 crore during the quarter ended September 2025, compared to the same period of the previous year.

Q2 Results Live Updates: Shares of Hindustan Zinc are down 0.24% to ₹505.5 per unit on the NSE ahead of the earnings announcement.

Q2 Results Live Updates: Shares of multiplex chain PVR Inox are trading at 1,102.8 apiece, which is 0.43% higher on the NSE. The company will post earnings on October 17.

Q2 Results Live Updates: Ahead of the earnings announcement, shares of Reliance Ltd were trading 0.58% higher at ₹1,406.4 apiece on the National Stock Exchange (NSE).

Q2 Results Live Updates: Andhra Petrochemicals' Board of Directors will scheduled to meet on November 1 to consider and approve September quarter earnings.