Reliance Q1 FY26: Record Profit & Share Outlook
By Kapeesh Chaubey | Updated July 18, 2025
Reliance Industries ne FY26 ke Q1 (April–June 2025) mein zabardast results dikhaye. Consolidated net profit ₹26,994–₹30,681 crore, ek hefty 76–78% YoY jump raha :contentReference[oaicite:1]{index=1}.
📊 Performance Overview (YoY Basis)
| Metric | Q1 FY25 | Q1 FY26 | Growth |
|---|---|---|---|
| Net Profit (PAT) | ₹15,138 Cr | ₹26,994 Cr | +78% |
| Revenue | ₹2.58 Lakh Cr | ₹2.73 Lakh Cr | +6% |
| EBITDA | ₹42,748 Cr | ₹58,024 Cr | +36% |
| Retail Revenue | ₹75,000 Cr | ₹84,171 Cr | +11% |
| Jio Net Profit | ₹5,670 Cr approx | ₹7,110 Cr | +25% |
Ek-time gain from Asian Paints stake sale: ~₹8,924 Cr :contentReference[oaicite:2]{index=2}. Recurring PAT ~+25% YoY :contentReference[oaicite:3]{index=3}.
[Stock Movement Chart: ₹1,500 → ₹1,480]
Stock ne ₹1,500 on July 1 se ₹1,476ish pe close kiya :contentReference[oaicite:4]{index=4}. Range-bound rahe ₹1,469–1,485 ke beech during mid-July.
🔍 Q1 Highlights & Key Drivers
- Jio ne 200 million 5G subscribers cross kiye. JioProfit +25%, revenue +19% YoY :contentReference[oaicite:5]{index=5}.
- Reliance Retail ne ₹84,171 Cr revenue aur ₹3,271 Cr PAT record kiya, +11% growth with +28% PAT rise :contentReference[oaicite:6]{index=6}.
- O2C ka EBITDA +11%, strong refining margins supportive :contentReference[oaicite:7]{index=7}.
- Net debt stable around ₹1.17 lakh Cr :contentReference[oaicite:8]{index=8}.
🎯 Target aur Outlook
Analysts ke target range:
- Motilal Oswal: ₹3,425
- ICICI Securities: ₹3,350
- Jefferies: ₹3,500
Technical Note: ₹1,500-resistance level agar cross hoti hai, toh ₹1,600+ ka upside visible ho sakta hai.
✅ Investor Ka Takeaway
Reliance ke diversified segments — Jio, Retail, O2C, digital infra — long-term investors ke liye strong foundation provide karte hain. One-time gain adjust karne ke baad bhi operational performance impressive hai. Stock ke liye ₹3,350–₹3,500 target realistic hai agar macro environment supportive rahe.
[Infographic: Key Q1 Metrics: Profit, Revenue, EBITDA, Jio, Retail]
📘 Keywords Defined
- Consolidated PAT: Total net profit including all business units.
- EBITDA: Operating profitability before interest, tax, depreciation & amortization.
- One-time Gain: Extraordinary income from asset sale, not core business.
- Resistance Level: Price point where stock faces selling pressure.
- 5G Subscribers: Jio’s premium network user base indicating digital momentum.
Disclaimer: Yeh content educational purpose ke liye hai. Market investment risk carry karta hai. Invest karne se pehle financial advisor ki salah zaroor lein.