Overview
- Reliance Industries, which reported results Friday, posted Q4 FY26 net profit of Rs 20,589 crore, down about 9% year on year, and its board recommended a Rs 6 per-share final dividend.
- Group operating profit held broadly steady at Rs 48,588 crore with margins at 14.9% as telecom and retail cash flows softened the blow from weaker energy earnings.
- For FY26, consolidated profit after tax rose to a record about Rs 95,610 crore, driven by growth in digital services and Reliance Retail despite pressure in traditional energy.
- Jio Platforms reported Q4 profit of Rs 7,935 crore with ARPU at Rs 214 and subscribers above 524 million, and Mukesh Ambani said the company is advancing toward a Jio Platforms listing.
- Heavy investment lifted costs, with capex at roughly Rs 1.44 lakh crore for FY26 and Rs 40,560 crore in Q4, which raised depreciation and finance charges after 5G spectrum and network assets went live.