Reliance Board Approves FY26 Results: PAT ₹95,610Cr, Analyst Meet Transcript Released

Reliance Industries has officially announced the approval of its audited consolidated and standalone financial results for FY26 at a Board meeting held on April 24, 2026. The company delivered exceptional performance with record annual consolidated PAT of ₹95,610 crore, representing an 18.3% year-on-year growth, while the Board recommended a dividend of ₹6 per equity share.

Board Meeting and Analyst Meet Disclosure

The Board of Directors meeting commenced at 5:30 p.m. (IST) and concluded discussions on financial results at 7:11 p.m. (IST). Following the Board approval, the company conducted an analyst meet that concluded at 9:50 p.m. (IST) on April 24, 2026. The transcript of this analyst discussion has been disclosed under Regulation 30 of SEBI Listing Regulations and is available on the company's website.

Board Decision: Details Meeting Date: April 24, 2026 Results Approved: Audited Financial Results (Consolidated & Standalone) Dividend Recommendation: ₹6.00 per equity share Share Face Value: ₹10 each Analyst Meet Duration: 01:47:40 minutes

Consolidated Financial Performance Highlights

The company's FY26 results demonstrate robust growth across key financial metrics, with consumer businesses contributing more than 55% of consolidated EBITDA. The performance reflects the benefits of Reliance's diversified business model despite challenging macroeconomic conditions.

Financial Metric: FY26 Performance YoY Change Gross Revenue: ₹11,75,919 crore +9.8% EBITDA: ₹2,07,911 crore +13.4% EBITDA Margin: 17.7% +60 bps Consolidated PAT: ₹95,610 crore +18.3% Net Debt to EBITDA: 0.60x -

Digital Services Excellence

Jio Platforms delivered exceptional performance in FY26, achieving significant milestones in connectivity and financial metrics. The digital services segment reported robust growth driven by subscriber additions and improved customer engagement.

Jio Platforms Metrics: FY26 Performance Revenue: ₹1,72,317 crore EBITDA: ₹76,255 crore EBITDA Margin: 51.9% PAT: ₹30,049 crore Total Subscribers: 524.4 million 5G Subscribers: 268 million

Jio achieved 75 million net additions in FY26 while maintaining its leadership position. Fixed broadband base crossed 27.1 million subscribers, with AirFiber reaching approximately 13 million subscribers and driving over 75% of net additions in the past 12 months.

Retail Business Performance

Reliance Retail delivered steady operating and financial performance in FY26, with gross revenue reaching ₹3,70,026 crore, up 11.8% YoY. The segment expanded its footprint with 1,564 stores opened during FY26.

Retail Metrics: FY26 Performance Gross Revenue: ₹3,70,026 crore EBITDA: ₹27,033 crore EBITDA Margin: 8.3% Store Count: 20,160 Registered Customers: 387 million

Regulatory Compliance and Transparency

The company has submitted audited financial results to BSE Limited and National Stock Exchange of India Limited under Regulation 33 of SEBI Listing Regulations. The results include unmodified audit opinions from statutory auditors Deloitte Haskins & Sells LLP and Chaturvedi & Shah LLP. The analyst meet transcript provides comprehensive insights into business segment performance and management commentary on market conditions and strategic priorities.

Source: None/Company/INE002A01018/208cb48b-4c6e-4370-8c5f-bdbb31db7896.pdf

TIME has announced a strategic partnership with reliance industries to launch TIME100 Next India, marking the first international iteration of the TIME100 Next franchise. The announcement was made on stage during the annual TIME100 Gala in New York City on April 23, 2026, by TIME Chief Executive Officer Jessica Sibley and Reliance Foundation Founder and Chairperson Nita Mukesh Ambani.

The TIME100 Next India initiative will recognize 100 emerging leaders from India and the diaspora who are shaping the future across multiple sectors including arts, science, business, sports, and advocacy. The curated list will be developed by TIME editors and published online, followed by a celebration at the TIME100 Next India Gala scheduled for December 2026 at the Nita Mukesh Ambani Cultural Centre in Mumbai.

Partnership Details

The collaboration represents a significant expansion of TIME's global events division, which has hosted events across five continents since launching TIME100 Impact Awards internationally in 2021. TIME100 Next India becomes the first international edition of the TIME100 Next franchise, building on the brand's legacy of identifying influential leaders.

Key Financial Metrics for Reliance Industries Limited

Metric Value Consolidated Revenue INR 10,71,174 crore (US$ 125.3 billion) Cash Profit INR 1,46,917 crore (US$ 17.2 billion) Net Profit INR 81,309 crore (US$ 9.5 billion) Fortune Global 500 Rank 88th (2025) Forbes Global 2000 Rank 45th (2025)

Leadership Statements

TIME Chief Executive Officer Jessica Sibley expressed enthusiasm about the expansion, stating that TIME100 Next India reflects the organization's commitment to recognizing and convening the next generation of leaders driving progress across industries globally. She acknowledged Reliance's role in making the initiative possible.

Nita M. Ambani, Founder and Chairperson of Reliance Foundation, emphasized the company's commitment to building India's future by empowering the next generation of talent, ideas, and leadership. She noted that the partnership aligns with the vision of bringing the best of the world to India and showcasing India's excellence globally.

TIME Chief Strategy Officer and Executive Editor Dan Macsai, who oversees the TIME100 franchise, highlighted that TIME100 Next has become a powerful platform for identifying future leaders. He noted that expanding to India allows the brand to spotlight extraordinary emerging talent at a pivotal moment and share their stories with a global audience.

Additional details regarding the inaugural TIME100 Next India list and gala will be announced in the coming months.

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