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January to March 2026 · consolidated

Reliance Industries Ltd. Q4 FY26 results

RELIANCE · Oil Gas & Consumable Fuels

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iNo flag on 1 checks1 of 19 checks ran · from the quarterly statements; filing read not yet in
Revenue₹3.25 lakh cr
EBITDA₹48,588 crmargin 14.9% (—)
Net profit₹20,589 cr
EPS—

What changed

  1. Revenue ₹3.25 lakh cr, — on the year; EBITDA margin 14.9%, —.

The quarter, explainedfrom the quarterly statements

Reliance Industries Ltd. reported revenue of ₹3.25 lakh cr for January to March 2026, — on the year and — on the quarter.

Operating profit (EBITDA) was ₹48,588 cr, a margin of 14.9%, — on the year and — on the quarter.

Net profit was ₹20,589 cr, — on the year and — on the quarter.

Refining and marketing profits swing with crude and product margins, and inventory gains or losses can move a single quarter sharply. The quarterly statements do not carry refining margins, throughput and inventory gains or losses; those come with the filing read.

Written from the quarterly statements. The filing read adds the balance sheet and cash flow filed with this quarter, the auditor's review, segment results, one-off items line by line and what management said on the call.

Questions to ask: none this quartereach one with its numbers and source

No check fired. That is a statement about the checks below, not a verdict on the company.

Could not run on this quarter: Headline vs core profit, Other income carrying profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).

The year: balance sheet and cashfiled with Q4

This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.

Every quartersame rules, every quarter

Q4 FY26Q1 FY27
Revenue₹3.25 lakh cr₹3.40 lakh cr
YoY——
EBITDA margin14.9%15.9%
Other income, % of PBT——
Exceptional items——
Tax rate24%25%
Net profit₹20,589 cr₹23,196 cr
YoY——
Core profit YoY——
EPS——
Flags··

Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.

Alerts for Reliance Industries Ltd.Only when its results land or a check fires. No more than three a day; a digest for the rest. One click to stop.

Questions people ask

What were Reliance Industries Ltd. Q4 FY26 results?

Reliance Industries Ltd. reported revenue of ₹3.25 lakh cr (— on the year) and net profit of ₹20,589 cr (— on the year) for January to March 2026.

Are there any red flags in Reliance Industries Ltd. Q4 FY26 results?

None of the 1 checks that could run raised a question.

Is this a recommendation?

No. FinMinutes reports what was filed and the questions the numbers raise. It does not recommend buying, selling or holding any security.

Numbers as filed with the exchanges, read by rules. Every flag is a question with its source, not an accusation. FinMinutes is a financial data and analytics platform; nothing here is a recommendation to buy, sell or hold any security. How each check works.

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