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Reliance Q3 Profit Rises to Rs 18,645 Crore; Jio 5G Hits 250M Users

Reliance Industries reported a consolidated net profit of Rs 18,645 crore for the October-December quarter of FY26, marking a marginal year-on-year increase. The company's revenue from operations saw a stronger growth of 10.5%, reaching Rs 2.69 lakh crore. Its telecom arm, Jio Platforms, reported a significant jump in EBITDA and saw its 5G subscriber base cross the 250 million milestone. Meanwhile, Reliance Retail posted a 3% rise in net profit, with the demerger of its consumer products business taking effect during the quarter.

Key Points: Reliance Q3 FY26 Net Profit at Rs 18,645 Crore

  • Net profit up 0.56% YoY
  • Revenue from operations rises 10.5%
  • Jio 5G subscribers cross 250 million
  • Retail net profit up 3%
2 min read

Reliance Industries clocks Rs 18,645 crore net profit in October-December quarter

Reliance Industries reports a net profit of Rs 18,645 crore in Q3 FY26, with Jio's 5G subscriber base crossing 250 million and retail revenue growing.

"Reliance's consolidated performance in Q3FY26 reflects consistent financial delivery and operational resilience across businesses. - Mukesh Ambani"

New Delhi, Jan 16

Mukesh Ambani-led Reliance Industries reported a consolidated net profit of Rs 18,645 crore in the October-December quarter of the financial year 2025-26, which representsa 0.56 per cent increase compared to the corresponding figure of Rs 18,540 crore for the same quarter of the previous financial year.

The company's revenue from operations, however, rose 10.5 per cent year-on-year to Rs 269,496 crore during the third quarter, from Rs 243,865 crore in the same quarter of the previous year.

The company's consolidated EBIDTA (earnings before interest, taxes, depreciation and amortisation) for the quarter stood at Rs 50,932 crore, which represents a 6.1 per cent increase year-on-year. However, the EBIDTA margin declined to 17.3 per cent compared with 18 per cent during the third quarter of 2024-25.

The company's telecom arm Jio Platforms reported a 16.4 per cent year-on-year jump in EBITDA at Rs 19,303 crore during the quarter. While its 5G subscribers crossed 250 million, the fixed broadband base crossed 25 million.

Reliance Retail reported a 3 per cent rise in net profit at Rs 3,551 crore while revenue rose 9.2 per cent year-on-year.

Reliance's capital expenditure for the quarter ended December 31, 2025, stood at Rs 33,826 crore ($ 3.8 billion), driven by investments in ongoing growth projects in O2C and New Energy businesses; and continued capital outlay towards strengthening and expansion of the Jio and Retail network and infrastructure, according to the company statement.

"Reliance's consolidated performance in Q3FY26 reflects consistent financial delivery and operational resilience across businesses," Reliance Industries Limited Chairman and Managing Director Mukesh Ambani said.

"Jio's digital ecosystem is deepening its roots in Indian households. Through our mobility and broadband products, we are connecting mobile phones, homes, appliances and enterprises," he added.

The company's retail business also had an eventful quarter, strengthening its portfolio with the onboarding of fresh new brands and product ranges. The demerger of the consumer products business came into effect this quarter, he noted.

- IANS

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Reader Comments

P
Priya S
The profit growth is almost flat (0.56%) while revenue jumped. The EBITDA margin decline is a bit concerning. It shows cost pressures are real, even for a giant like Reliance. Hope the New Energy investments start paying off soon.
R
Rohit P
Jio is the real star here! 16.4% jump in EBITDA and 25 million broadband users? Amazing. Their network is everywhere now, from my village in UP to metro cities. Truly connecting Bharat.
S
Sarah B
As a shareholder, I'm happy with the consistent performance. The demerger of the consumer business is a smart strategic move for unlocking value. The retail growth is steady. Reliance remains a cornerstone of my portfolio.
N
Nikhil C
Rs 33,826 crore capex in just one quarter! That's more than the GDP of some small countries. This level of investment in India's infrastructure and new energy is fantastic for job creation and tech development. Big thumbs up!
M
Meera T
Reliance Retail's growth is slowing down a bit compared to Jio. 3% profit rise is modest. I wonder if the competition from other Indian brands and online platforms is getting tougher. Still, onboarding new brands shows they're trying to stay fresh.

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