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Reliance Industries Limited Q2 result: Reliance Industries Limited beat street estimates, reporting record revenue growth aided by robust margins from refining crude oil into fuels and strong performance by telecom unit. Mukesh Ambani's oil-to-retail conglomerate's consolidated net profit (attributable to owners of the company) increased by 40% on an annual basis to ₹25,548 crore in Q2FY27.
RIL’s consolidated revenue from operations increased to ₹3,32,861 crore during the quarter under review.
RIL reported a net profit after tax (PAT) of ₹29,250 crore in Q2FY27. Its profit (attributable to owners of the company) stood at ₹25,548 crore, which is 40.64% higher than ₹18,165 crore reported in the year ago period. RIL’s net profit stood at ₹20,946 crore.
Revenue from operations stood at ₹3.32 lakh crore in Q2FY 27 against ₹2.59 lakh crore reported in the year ago period. Its revenue from operations stood at ₹3.11 lakh crore.
The Oil-to-conglomerate recorded quarterly EBITDA at ₹62,409 crore, up 23.9% on an annual basis. Mukesh Ambani-led RIL reported its best ever O2C business performance as EBITDA was up 67.9% on an annual basis to ₹25,203 crore. The digital services EBITDA stood at ₹22,223 crore up 17.7% on an annual basis.
RRVL’s net revenue increased 6.4% annually to ₹91,716 crore. Its EBITDA margin stood at 7.8%, whereas quarterly EBITDA stood at ₹6,228 crore. The company reported a net profit of ₹2,611 crore during the quarter under review against ₹3,469 reported in Q2FY26.
RIL's quarterly revenue stood at ₹231,601 crore, which is 44.2% higher on a yearly basis. Whereas, its quarterly EBITDA stood at ₹25,203 crore, up 67.9% on an annual basis. Jio-BP continued to scale fuel retailing and EV charging network during the quarter under review.
Higher energy prices supported the Q2FY27 segment revenue increased by 44.2% on an annual basis to ₹231,601 crore. Revenue growth was also aided by higher prices for most of downstream chemical products.
RIL's O&G segment saw a marginal decline in its quarterly revenue to ₹6020 crore. The company's quarterly EBITDA stood at ₹4,901 crore, down by 2.0% on an annual basis with lower revenue and higher GoI levies.
Healthy growth in revenue from operations increased by 10.1% on an annual basis despite weak ad environment. Its average monthly active users (MAUs) increased 10% on a year-on-year (YoY) basis to 440 million during the quarter under review.
The stock closed 0.44% higher at ₹1163.55 per share on BSE with a market capitalisation of ₹15,74,578.54 crore on Friday.
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