RELIANCE INDUSTRIES LTD Quarterly Results (RELIANCE) — Q1 FY27

Revenue trend and demand read-through

Topline for Q1 FY27 came in at ₹3,09,468 cr against ₹2,43,632 cr in Q1 FY26, and ₹2,94,059 cr in the preceding Q4 FY26 quarter.

On a sequential basis revenue grew +5.2%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.

Total expenses for the quarter were ₹2,77,051 cr, or 89.5% of revenue, with operating profit grew +11.5% year on year.

Margins, tax and profitability

Net profit of ₹20,946 cr works out to a net margin of 6.8% compared with 11.1% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.

Below the operating line, RELIANCE INDUSTRIES LTD reported profit before tax of ₹30,630 cr, a tax charge of ₹7,629 cr (effective rate 24.9%), interest cost of ₹8,337 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.

Sequentially, net profit moved from ₹16,971 cr in Q4 FY26 to ₹20,946 cr in Q1 FY27, a change of +23.4%.

Trailing twelve months and annual context

Across the trailing four quarters RELIANCE INDUSTRIES LTD has generated revenue of ₹11,12,064 cr and net profit of ₹83,556 cr, a trailing net margin of 7.5%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.

On a full-year basis, FY26 revenue was ₹10,57,219 cr with net profit of ₹80,775 cr and EPS of ₹59.69, versus the prior year where revenue grew +9.6% and profit grew +16.0%.

What to watch in the next RELIANCE quarter

For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.

RELIANCE INDUSTRIES LTD has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.

All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.