1) PAT
RIL reported a 10% year-on-year growth in its consolidated Q2 net profit at Rs 18,165 crore versus Rs 16,563 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. The PAT missed Street’s estimate of Rs 18,643 crore.
RIL’s sequential PAT took a 33% dip compared to Rs 26,994 crore in Q1FY26
2) Revenue
The company’s revenue from operations in the said quarter jumped 10% to Rs 2.59 lakh crore compared to Rs 2.35 lakh crore in the corresponding quarter of the last financial year. It was above Street’s estimates of Rs 2.51 lakh crore. The topline was 4% higher QoQ versus Rs 2.49 lakh crore in Q1FY26.
3) EBITDA
The company’s Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) in the quarter under review stood at Rs 50,367 crore, up 15% YoY. The EBITDA margin was reported at 17.8%, gaining 80 bps over the corresponding quarter of the last financial year.
Read more: Reliance Industries Q2 Results: Cons PAT jumps 10% YoY to Rs 18,165 crore, revenue rises by 10%
4) Outstanding Debt
RIL’s outstanding debt in the quarter under revenue stood at Rs 3.48 lakh crore, up from Rs 3.38 lakh crore in Q1FY26 and Rs 3.36 lakh crore in Q2FY25. Meanwhile net debt was reported at Rs 1.18 lakh crore versus Rs 1.17 lakh crore in Q1FY26 and Rs 1.16 lakh crore in Q2FY25.
5) Cash & Cash Equivalents
Company’s Cash & Cash Equivalents in Q2FY26 stood at Rs 2.30 lakh crore versus Rs 2.20 lakh crore in Q1FY26 and Rs 2.20 lakh crore in Q2FY25.
6) Jio Platforms highlights
JPL’s quarterly revenue stood at Rs 42,652 crore, up 14.9% YoY while quarterly EBITDA was reported at Rs 18,757 crore, up 17.7% YoY. Jio subscriber base crossed the milestone of 500 million taking the total subscriber base to over 506 million as of September ended quarter.
Jio Airfiber rollout continues to accelerate at scale with over 1 million new homes being connected every month, extending its global leadership with 9.5 million subscribers. Total data traffic increased 29.8% YoY to over 58 Exabytes with 5G share in wireless traffic at more than 50%.
The Average Revenue Per User (ARPU) stood at Rs 211.4 up 8.4% YoY.
Read more: Reliance Jio Q2 Results: Profit rises 13% YoY to Rs 7,379 crore; ARPU at Rs 211.4
7) Reliance Retail Ventures Q2 stats
Quarterly revenue stood at Rs 90,018 crore, up 18.0% YoY while quarterly EBITDA at Rs 6,816 crore, up 16.5% YoY. PAT increased 22% YoY to Rs 3,457 crore.
The business expanded its store network with 412 new store openings, taking the total store count to 19,821 with area under operation at 77.8 million sq. ft. The registered customer base grew to 369 million.
Read more: Reliance Retail Q2 Results: Profit jumps 22% YoY to Rs 3,457 crore; revenue up 19%
8) Oil-to-chemical
Quarterly revenue stood at Rs 160,558 crore ($18.1 billion), up 3.2% YoY while quarterly EBITDA was reported at Rs 15,008 crore ($1.7 billion), up 20.9% YoY. Jio-bp now operates a strong country-wide network of 2,057 fuel retail outlets.
9) OIL & GAS (Exploration & Production)
Quarterly revenue at Rs 6,058 crore ($682 million), down 2.6% YoY while quarterly EBITDA at Rs 5,002 crore ($563 million), down 5.4% YoY.
10) JioStar Business
JioStar reported strong revenues of Rs 7,232 crore with record EBITDA of Rs 1,738 crore with an industry leading margin of 28.1%. The network reached over 830 million viewers, delivering over 60 billion hours of watch time on television.
JioHotstar averaged 400 million MAUs during the quarter and the company filing claimed that The network improved its TV entertainment viewership share by 30 bps YoY to 34.5%.
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