By BullScreen Editorial Team 
Reliance Industries reported a 22% year-on-year decline in consolidated net profit to ₹20,946 crore for the first quarter of FY27, compared with ₹26,994 crore in the same quarter last year. The Q1 results 2027 reflected the impact of a sharp decline in other income, even as the company delivered strong revenue and operating performance.
Reliance Industries’ revenue from operations rose 25% year-on-year to ₹3.11 lakh crore from ₹2.48 lakh crore. Consolidated EBITDA increased 11% to ₹47,517 crore, compared with ₹42,905 crore a year earlier. However, EBITDA margin narrowed to 15.24% from 17.25%.
Other income fell 57% to ₹6,550 crore from ₹15,119 crore in the year-ago period. The previous year had benefited from higher other income following the sale of Reliance’s stake in Asian Paints.
Jio Platforms remained a key growth driver, with net profit rising 9% to ₹7,764 crore. Its subscriber base grew 7.1% to 533.3 million, while ARPU increased to ₹215.6 from ₹208.8.
Reliance Retail’s net profit declined 14% to ₹2,806 crore, while its customer base rose 10.6% to 396 million. The oil-to-chemicals segment reported a 17.2% increase in EBITDA to ₹17,010 crore, supported by stronger fuel cracks and downstream margins.
Overall, the Reliance Industries Q1 results indicate resilient operating performance despite margin pressures, volatile commodity markets and geopolitical uncertainties.