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RIL Q4 Profit Drops 12.6% as Oil Chem Pressure Hits Jio Retail Offsets Earnings
Business
Published on 24 April 2026
O2C pulled profit down as consumer businesses steadied results
Reliance Industries’ March-quarter net profit fell 12.6% as pressure in its oil-to-chemicals (O2C) business weighed on earnings. Offsetting the drag, consumer-focused arms such as Jio Platforms and Reliance Retail delivered solid performance. Despite the quarterly dip, the company reported record full-year profit and revenue and declared a Rs 6 per share dividend for FY26.
- RIL net profit declined 12.6% in the March quarter
- Oil-to-chemicals challenges drove the earnings drop
- Jio and Reliance Retail helped cushion performance
- Rs 6 per share dividend declared for FY26
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times