Mumbai, India – Reliance Industries Ltd (RIL) has achieved a significant milestone, becoming the first Indian company to cross the $120 billion revenue mark during the financial year 2025-2026. This robust performance, detailed in the company’s latest annual report, underscores the conglomerate’s resilience and strategic diversification amid prevailing global economic uncertainties.
For FY26, RIL reported a consolidated revenue increase of 7.1% year-on-year, reaching Rs 10.71 lakh crore. The company’s EBITDA grew by 2.9% to Rs 1.83 lakh crore, while net profit also saw a 2.9% rise, totaling Rs 81,309 crore. Chairman Mukesh Ambani highlighted that consumer-facing verticals now contribute over half of the total EBITDA, proving the strength of RIL's diversified business model.
Retail and Digital Segments Lead the Charge
RIL's retail and digital services arms were primary engines of growth. Reliance Retail maintained its dominant position in India’s organized retail market, recording an impressive revenue of Rs 3.3 lakh crore and an EBITDA of Rs 25,094 crore. This segment's continued expansion reflects strong consumer engagement and market penetration.
The digital services arm, Jio, experienced rapid growth, largely propelled by aggressive 5G adoption and expanding broadband penetration across the country. Jio's revenue reached Rs 1.54 lakh crore, with an EBITDA of Rs 65,001 crore, bolstered by strategic tariff adjustments and increasing subscriber engagement.
Media and New Energy Ventures Show Promise
Beyond its core businesses, RIL's media and entertainment sector demonstrated exceptional growth, with revenue surging over 74% and EBITDA climbing by nearly 140%. This performance highlights strong traction across its digital streaming, sports, and entertainment platforms.
In a significant move towards sustainability, Reliance also intensified its focus on new energy and green technologies. The company secured nearly $1 billion in green financing facilities, earmarked for sustainable projects aimed at achieving its ambitious goal of becoming a net carbon zero company by 2035. Substantial investments are being directed towards solar manufacturing, battery storage solutions, and green hydrogen infrastructure, aligning with its long-term clean energy roadmap.
RIL continues to be a major contributor to the national exchequer, with total contributions exceeding Rs 2.16 lakh crore during FY26. The company remains committed to disciplined capital allocation, enhancing its consumer ecosystem, and strengthening technology-led growth platforms for future expansion.