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.
Jio Platforms’ Q4 FY26 net profit increased 13% to ₹7,935 crore, up from ₹7,023 crore a year earlier, with sequential growth of 4%. Operating revenue rose 12.6% to ₹38,259 crore, aided by subscriber additions, higher ARPU, and digital services. EBITDA grew 18% to ₹20,060 crore as margins expanded by 230 basis points to 52.4%.
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