Morningstar

Reliance Industries Posts Lower Fourth-Quarter Net Profit

Provided by Dow Jones Apr 24, 2026, 2:36:00 PM

By Mauro Orru

Reliance Industries reported a lower net profit for the fourth quarter of fiscal 2026, but its oil-to-chemicals business boosted revenue.

The Indian conglomerate said Friday that net profit for the quarter ended March 31 slipped to 169.71 billion rupees ($1.80 billion) from 194.07 billion rupees a year earlier, below an estimate of 201.16 billion rupees from a poll of analysts by data provider LSEG.

Revenue for the quarter increased to 2.986 trillion rupees from 2.646 trillion rupees a year earlier. Revenue at its oil-to-chemicals business, which accounted for the lion's share of sales, grew to 1.849 trillion rupees from 1.646 trillion rupees.

Write to Mauro Orru at mauro.orru@wsj.com

(END) Dow Jones Newswires

April 24, 2026 10:36 ET (14:36 GMT)

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