1) PAT
RIL reported 10% year-on-year growth in consolidated net profit in the second quarter at Rs 18,165 crore, compared to Rs 16,563 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. The PAT missed Street’s estimate of Rs 18,643 crore.
RIL’s sequential PAT fell 33% compared to Rs 26,994 crore in Q1FY26
2) Income
The company’s revenue from operations in the said quarter rose 10% to Rs 2.59 lakh crore, compared to Rs 2.35 lakh crore in the corresponding quarter of the last fiscal. It was above Street estimates of Rs 2.51 lakh crore. Revenue was 4% higher QoQ compared to Rs 2.49 lakh crore in Q1FY26.
3) BitDa
The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) stood at Rs 50,367 crore in the quarter under review, up 15% year-on-year. EBITDA margin was reported at 17.8%, an increase of 80 basis points compared to the corresponding quarter of the last fiscal year.
Read more: Reliance Industries second quarter results: Cons PAT up 10% YoY to Rs 18,165 crore, revenue up 10%
4) Outstanding debts
RIL’s outstanding debt in the quarter under revenue stood at Rs 3.48 lakh crore, compared to Rs 3.38 lakh crore in Q1FY26 and Rs 3.36 lakh crore in Q2FY25. Meanwhile, net debt was reported at Rs 1.18 lakh crore versus Rs 1.17 lakh crore in Q1FY26 and Rs 1.16 lakh crore in Q2FY25.
5) Cash and cash equivalents
The company’s cash and cash equivalents stood at Rs 2.30 lakh crore in Q2FY26 versus Rs 2.20 lakh crore in Q1FY26 and Rs 2.20 lakh crore in Q2FY25.
6) Highlights of Jio Platforms
JPL’s quarterly revenue stood at Rs 42,652 crore, up 14.9% YoY, while quarterly EBITDA was reported at Rs 18,757 crore, up 17.7% YoY. Jio’s subscriber base crossed the 500 million mark, taking its total subscriber base to over 506 million at the end of September.
Jio Airfiber’s rollout continues to accelerate at scale, connecting more than 1 million new homes every month, expanding its global leadership by 9.5 million subscribers. Total data traffic increased by 29.8% year on year to more than 58 exabytes, with 5G’s share of wireless traffic being more than 50%.
Average revenue per user (ARPU) stood at Rs 211.4, up 8.4% year-on-year.
Read more: Reliance Jio Q2 results: Profit rises 13% YoY to Rs 7,379 crore; ARPU at Rs 211.4
7) Reliance Retail Ventures Q2 Stats
Quarterly revenue stood at Rs 90,018 crore, up 18.0% YoY, while quarterly EBITDA stood at Rs 6,816 crore, up 16.5% YoY. PAT rose 22% year-on-year to Rs 3,457 crore.
The company expanded its store network with 412 new store openings, bringing the total number of stores to 19,821 with an operating area of 77.8 million square feet. The registered customer base grew to 369 million.
Read more: Reliance Retail Q2 results: Profit rises 22% YoY to Rs 3,457 crore; turnover increased by 19%
8) Oil-to-chemicals
Quarterly revenue stood at Rs 160,558 crore ($18.1 billion), up 3.2% YoY, while quarterly EBITDA was reported at Rs 15,008 crore ($1.7 billion), up 20.9% YoY. Jio-bp now operates a strong nationwide network of 2,057 fuel outlets.
9) OIL & GAS (exploration and production)
Quarterly revenue of Rs 6,058 crore ($682 million), down 2.6% YoY, while quarterly EBITDA of Rs 5,002 crore ($563 million), down 5.4% YoY.
10) JioStar Business
JioStar reported strong revenues of Rs 7,232 crore with record EBITDA of Rs 1,738 crore with an industry-leading margin of 28.1%. The network reached more than 830 million viewers and delivered more than 60 billion hours of television viewing time.
JioHotstar averaged 400 million MAUs during the quarter and the company filing claimed that the network improved its TV entertainment audience share by 30 basis points year-on-year to 34.5%.
(Disclaimer: The recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of The Economic Times.)
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