Reliance Industries Q2FY26 profit rises 14.3% to ₹22,092 cr; consolidated revenue up 9.9% Y-o-Y

According to the company’s financial disclosure, consolidated net profit rose 14.3 percent year-on-year to ₹22,092 crore in the second quarter of FY26, while consolidated EBITDA climbed 14.6 percent to ₹50,367 crore.

Gross revenue during the quarter stood at ₹2,83,548 crore, marking a 9.9 percent increase from the same period last year.

The company’s EBITDA margin improved by 80 basis points to 17.8 percent, while capital expenditure came in at ₹40,010 crore for the quarter.

However, RIL’s Oil and Gas segment reported a decline in performance compared to the year-ago period.

Segment revenue fell 2.6 percent year-on-year to ₹6,058 crore ($682 million), while EBITDA slipped 5.4 percent to ₹5,002 crore ($563 million). The segment’s EBITDA margin narrowed to 82.6 percent from 85 percent in Q2FY25.

Production from the KG-D6 block declined 8.4 percent year-on-year to 63.5 billion cubic feet equivalent (BCFe), though the average realised gas price rose to $9.97 per million British thermal units (MMBTU) from $9.55 a year earlier.

The block’s average output during the quarter stood at 26.1 million metric standard cubic metres per day (MMSCMD) of gas and 18,746 barrels per day of oil and condensate.

The current production rate is around 26.1 MMSCMD of gas and 18,400 barrels per day of oil and condensate.

Meanwhile, coal bed methane (CBM) output saw an uptick, rising 5.8 percent year-on-year to 2.75 BCFe, reflecting improved operational performance from the segment.