Reliance Industries Share Price Gains Over 7% Post Q2 FY27 Earnings Results: Net Profit Up 32.1% YoY

On October 30, 2026, Reliance Industries Limited released its unaudited consolidated financial results for the quarter and half-year ending September 30, 2026, as per the exchange filings.  

The company reported a 28.6% year-on-year increase in total income, reaching ₹3,38,654 crore. Net profit for the quarter rose by 32.1% year-on-year to ₹29,250 crore. 

Reliance Industries Q2 FY27 Earnings Results 

For the September 2026 quarter, Reliance Industries' total income increased to ₹3,38,654 crore, a 28.6% rise from ₹2,63,380 crore in the same period last year. Compared to the June 2026 quarter, this represents a 6.4% increase from ₹3,18,400 crore.  

Net profit for the quarter was ₹29,250 crore, up 32.1% year-on-year from ₹22,146 crore and 27.2% quarter-on-quarter from ₹23,001 crore. 

Half-Yearly Financial Overview 

For the half-year ending September 30, 2026, total income was ₹6,57,054 crore, marking a 24.6% year-on-year increase from ₹5,27,159 crore. Net profit for the same period was slightly down by 1.1% year-on-year to ₹52,251 crore from ₹52,827 crore. 

Capital Allocation and Debt 

The company's capital expenditure for the quarter ended September 30, 2026, was ₹38,153 crore, focusing on infrastructure and downstream energy projects. Outstanding debt at the end of the quarter was ₹3,84,952 crore, with cash and cash equivalents at ₹2,67,812 crore, resulting in a net debt of ₹1,17,140 crore. 

Jio Platforms and Retail Performance 

Jio Platforms Limited completed its IPO on October 28, 2026, raising ₹30,188 crore. The digital services division reported a quarterly revenue of ₹47,485 crore, up 11.3% year-on-year, with an EBITDA margin of 54.1%. Reliance Retail Ventures Limited recorded a quarterly gross revenue of ₹91,716 crore, a 6.4% year-on-year increase. 

Oil to Chemicals and Exploration Segments 

The Oil to Chemicals segment reported a gross revenue of ₹2,31,601 crore, with EBITDA increasing by 67.9% year-on-year to ₹25,203 crore. The Oil and Gas segment had quarterly revenues of ₹6,020 crore, with EBITDA slightly down by 2.0% year-on-year to ₹4,901 crore. 

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Reliance Industries Share Price Performance 

As of November 02, 2026, at 10:32 AM, Reliance Industries share price on NSE was trading at ₹1,251.10, up by 7.40% from the previous closing price. 

Conclusion 

Reliance Industries reported a 28.6% year-on-year increase in total income to ₹3,38,654 crore for the September 2026 quarter. Net profit rose 32.1% year-on-year to ₹29,250 crore. The half-yearly total income was ₹6,57,054 crore, with net profit slightly down by 1.1% year-on-year to ₹52,251 crore. 

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