Reliance Industries Q2 FY27: Record EBITDA ₹62,409 Cr, PAT ₹29,550 Cr
Reliance Industries reported record Q2 FY27 results with EBITDA at ₹62,409 crore (+23.9% YoY) and PAT at ₹29,550 crore (+33.8% YoY). The O2C segment led growth with a 68% EBITDA increase. Jio Platforms' IPO was a key highlight. Retail revenue grew 6.4% YoY, while FMCG revenue reached ₹16,900 crore in H1 FY27.
The announcement includes record financial results, significant growth in key segments, and major corporate events like the Jio Platforms IPO, which are highly material and impactful for investors and the market.
The company reported record-breaking financial metrics for EBITDA and PAT, driven by strong performance across key business segments like O2C and Digital Services. The successful IPO of Jio Platforms and overall robust financial health indicate a positive outlook.
Reliance Industries Limited (RIL) announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported its strongest quarterly performance ever, with the highest-ever EBITDA of ₹62,409 crore, a 23.9% increase year-on-year. Profit After Tax (PAT) also hit a record ₹29,550 crore, up 33.8% year-on-year.
The Oil to Chemicals (O2C) segment was the largest driver of consolidated EBITDA growth, with a 68% increase, benefiting from tight global energy markets and high fuel cracks. Jio Platforms (JPL) saw its IPO as a defining moment, with a market capitalization exceeding ₹13,00,000 crore ($137 billion).
Jio Platforms reported a total subscriber base of 542.4 million, including 300 million 5G subscribers, and a 30 million fixed broadband subscriber base. Retail revenue grew 6.4% year-on-year to ₹91,716 crore, although EBITDA saw a decline due to planned investments in digital commerce and input cost inflation. The FMCG segment achieved ₹16,900 crore in gross revenue for H1 FY27, an 80% increase compared to the previous year's total sales.
RIL's capex for the quarter was ₹38,153 crore, directed towards new energy capacity, retail network expansion, and O2C projects. The company maintained strong liquidity and premium credit ratings (A-/Baa1), with a Net Debt to EBITDA ratio of 0.47x.
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