Reliance Industries hits $10 billion profit, becomes first in India to reach milestone

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Reliance Industries sets record with $10 billion annual profit in FY2026
Reliance Industries sets record with $10 billion annual profit in FY2026

Marking a major achievement in India’s corporate sector, Reliance Industries has crossed $10 billion in annual profit, setting a new benchmark for domestic companies.

The company reported a net profit of Rs 95,754 cr (around $10.1 billion) for FY2026, the highest ever recorded by an Indian firm. The milestone reflects its scale, diversified operations, and consistent growth across business segments.

Despite this strong yearly performance, quarterly results showed mixed trends. For the March quarter, Reliance posted a consolidated profit of Rs 16,971 cr, compared to Rs 19,407 cr in the same period last year, even as revenue increased.

The company’s performance continues to be supported by its diversified portfolio across telecom, retail, and energy. While its oil-to-chemicals business faced pressure, consumer-driven segments such as telecom and retail contributed significantly to overall earnings.

Its digital business maintained steady growth, supported by an expanding subscriber base and improved user metrics. At the same time, the retail segment continued to scale, strengthening its presence in India’s consumer market.

With this milestone, Reliance joins a select group of global companies that have crossed the $10 billion profit mark, highlighting its operational strength and global standing.

The achievement also reflects the company’s long-term strategy of balancing traditional businesses with investments in high-growth digital and consumer-focused sectors.

As it continues to invest and expand across verticals, Reliance remains a key contributor to India’s evolving corporate and economic landscape.

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