Reliance Industries Limited (RIL) is Indiaās largest company by market capitalisation and revenue. Headquartered in Mumbai, Reliance has a diversified presence across sectors such as energy, petrochemicals, textiles, retail, telecommunications, financial services, renewable energy and media. The Mukesh Ambani-led company had a market capitalisation of nearly ā¹16.62 lakh crore as of December 7, 2023.
The Fortune Global 500 company had a humble beginning in 1957 when Dhirubhai Ambani started a yarn trading business. Dhirubhai Ambani founded Reliance Textiles Industries in 1973. The company started its operations in textiles, but soon diversified into other sectors such as petrochemicals and refining.
In 1977, Reliance Textile Industriesā IPO created history. Reliance Industries stock has gained more than 22.61% in the last three years (as of December 11, 2023).
RIL entered the telecommunications sector in the 1990s and became a major player. The company also ventured into the retail segment in 2006 and became the largest retailer by 2014.
Reliance Industries Limited
The flagship company of the conglomerate comprises its core businesses of oil refining and marketing; petrochemicals; oil & gas exploration; and production. It is the largest petroleum refiner in India and a major producer of petrochemicals.
Under the oil & gas exploration business, the company made a significant deep-sea discovery of gas reserves in the Krishna Godavari basināthe KG D6 Blockāin 2002-2003. Reliance also has two coal bed methane (CBM) blocks in Madhya Pradesh.
The company is also a major refiner and its Jamnagar refinery is the largest single-site refinery in the world.
Reliance Retail
From groceries to clothes and home appliances, Reliance Retail stores have almost everything. With 18,446 stores, it is the largest retail chain in the country.
Jio Platforms
When Reliance Industries Limited entered the telecom sector, it changed the market as a whole. Jio is now the largest single-country operator in the world with over 400 million subscribers. The services include optical fibre, mobile devices, apps and business solutions.
Renewable Energy & New Materials
RIL has also ventured into the Renewable Energy and New Materials segment as part of its vision of achieving net-zero carbon status by 2035. It is building the worldās most modular, large-scale, affordable, and modern green energy manufacturing business with an investment of ā¹75,000 crore.
Reliance Financial Highlights
- Revenue: Reliance reported revenue of ā¹10,86,181.00 crore in FY26 vs ā¹9,82,671.00 crore in FY25. It showed an increase of 10.53% on a yearly basis.
- Operating Profit: Reliance reported an operating profit of ā¹1,23,162.00 crore in FY26 vs ā¹1,06,017.00 crore in FY25. It showed an increase of 16.17% on a year-on-year basis.
- Net Profit: Reliance reported a net profit of ā¹95,610.00 crore in FY26 vs ā¹80,787.00 crore in FY25. It showed an increase of 18.35% on a yearly basis.
Reliance Quarterly Result Highlights
- Reliance reported revenue of ā¹3,16,018.00 crore in Jun 2026, compared with ā¹2,98,506.00 crore in Mar 2026, representing an increase of 5.87% on a quarter-on-quarter (QoQ) basis.
- Reliance reported an operating profit of ā¹30,630.00 crore in Jun 2026, compared with ā¹27,195.00 crore in Mar 2026, representing an increase of 12.63% on a quarter-on-quarter (QoQ) basis.
- Reliance reported a profit of ā¹23,001.00 crore in Jun 2026, compared with ā¹20,616.00 crore in Mar 2026, reflecting an increase of 11.57% on a QoQ basis.
- The earnings per share (EPS) of Reliance stood at ā¹59.69 during Jun 2026.
