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Reliance Posts Record Q2 Profit Driven by O2C Windfall, Jio Listing

  • Reliance Industries reported a record July–September quarterly profit of Rs 29,550 crore, up 33.8% from a year earlier.
  • The oil-to-chemicals division led growth, with EBITDA rising 67.9% to Rs 25,203 crore as fuel margins and petrochemical margins improved.
  • Jio Platforms reported EBITDA of Rs 21,879 crore and 542.4 million subscribers, including 300 million 5G users, after completing a Rs 30,188 crore IPO.
  • Reliance Retail’s profit fell 24.3% to Rs 2,611 crore, which the company attributed to digital investments, inflation, and a later festive season.
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Moneycontrol broke the news in Mumbai, India on Friday, October 30, 2026.
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