Reliance posts record revenue, EBITDA and profit in FY26 despite global tensions; retail and digital businesses drive growth: Mukesh Ambani
Mumbai, June 19
Reliance Industries posted record revenue, EBITDA and net profit in FY26 despite a challenging global environment marked by geopolitical tensions, supply chain disruptions and commodity price volatility, Chairman and Managing Director Mukesh Ambani said on Friday.
Addressing shareholders at the company's 49th Annual General Meeting, Ambani said, "Reliance posted a record high revenue, a record high EBITDA, and a record high net profit for the financial year 2026, despite global challenges."
He said the group delivered the performance even as businesses worldwide grappled with the impact of conflicts, wars, energy market disruptions and sharp swings in commodity prices.
The conglomerate's consolidated revenue for FY26 stood at Rs 11,75,919 crore, up 9.8 per cent year-on-year, Ambani said.
Net profit for FY26 stood at Rs 95,754 crore, up 17.8 per cent from the previous year, he said.
"Our EBITDA for the financial year 2021 was Rs 97,580 crores, which rose to Rs 2,07,911 crores for the year 2026," he added.
He further spoke about the growing contribution of the company's consumer-facing businesses, saying the rapid scaling up of retail and digital operations played a key role in driving growth.
"Despite the volatility, rapid scaling up of our retail and digital businesses played a key role in meeting our commitment to doubling RIL's EBITDA over five years," Ambani said.
According to Ambani, retail and digital businesses now account for nearly half of the company's earnings before interest, taxes, depreciation and amortisation (EBITDA), underscoring a shift in Reliance's growth profile.
"Retail and digital businesses contributed nearly half of the financial year 2026 EBITDA. Together, they are increasingly becoming the primary drivers of Reliance's future growth," he said.
The Reliance chairman also highlighted the group's contribution to investment and economic activity in India. Capital expenditure during FY26 stood at Rs 1,44,271 crore.
"Reliance has maintained its top position in investing for India's growth. Reliance's CAPEX stood at Rs 1,44,271 crores for the year 2026," he said.
Over the last five years, Reliance invested Rs 6,48,428 crore, or more than USD 68 billion, which Ambani said was higher than any other company in India.
He added that Reliance's exports stood at Rs 2,78,808 crore during FY26, accounting for 6.7 per cent of India's total merchandise exports.
Ambani also said Reliance remained the country's largest contributor to the national exchequer, contributing Rs 2,16,472 crore during the year. "With that, our cumulative contribution over the last five years to the National Exchequer crossed Rs 9,78,000 crores," he said.
— ANI
Reader Comments
Impressive from a financial perspective, but I hope this massive profit and Rs 9,78,000 crore in taxes paid means better service and lower prices for Indian consumers. Jio plans seem to be getting pricier, and retail margins still pinch. Growth is good, but affordability needs to follow.
Seeing that retail and digital now make up half of EBITDA is a massive shift from the O2C days. It shows Reliance is thinking 20-30 years ahead. The Rs 6,48,428 crore investment over five years is mind-boggling. Just wish some of that goes into better infrastructure in tier-2 and tier-3 cities.
Strong figures, but I'm curious about the debt levels. Revenue up 9.8% is decent, but 17.8% profit growth is sharper—hope it's sustainable. The Chinese market would kill for these numbers right now. Ambani is clearly a global-class CEO.
This is the kind of 'Make in India' success story we need more of. Reliance is not just a company; it's an economic force. 6.7% of India's total merchandise exports is no joke. Keep investing, keep growing! 💪
Retail playing a huge role is a good sign for small suppliers and local artisans. Hope the growth isn't just squeezing kirana stores. The CAPEX of 1.44 lakh crore is massive, but some transparency on how much goes to renewable energy would be welcome.
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