
Reliance Q4 results date: Reliance Industries will announce its financial results for the fourth quarter of the financial year 2026-26 (FY26) next week on Friday, 24 April. The Mukesh Ambani-led firm's board will also consider dividend payout, it announced via an exchange filing on 17 April.
Reliance Industries said, “A meeting of the Board of Directors of the Company is scheduled to be held on Friday, April 24, 2026, inter alia, to: i. consider and approve the standalone and consolidated audited financial results of the Company for the quarter and year ended March 31, 2026; and ii. recommend dividend on equity shares of the Company for the financial year ended March 31, 2026.”
Reliance Industries is India's biggest firm by market capitalisation. It closed Friday's trading session with a valuation of ₹18,47,317 crore.
Reliance is expected to post steady operating performance for the fourth quarter of FY26, led by steady show in the retail arm and continued momentum in the telecom business, even as the last month of the quarter was marked by severe disruption due to the West Asia conflict.
Overall, the consolidated EBITDA is expected to record a steady 10% year-on-year growth, while the standalone figure could rise 18%, as per brokerage estimates.
Systematix Institutional Equities said that Reliance will likely report consolidated EBITDA of ₹47600 crore, up 8.5% year-on-year (YoY) and 3.4% quarter-on-quarter (QoQ). Meanwhile, O2C EBITDA could expand by 18% YoY and 8% QoQ, supported by improved diesel cracks amid a volatile environment.
It further added that Jio’s revenue is likely to grow ~2.5% QoQ, driven by a ~0.6% increase in subscriber base along with a ~1% sequential improvement in ARPU to Rs216. Retail EBITDA is expected to jump while margins are likely to stay elevated, expanding by ~70 bps.
Overall, the net profit growth could remain muted, with brokerages expecting a decline of 17% to a growth of 6%. Systematix expects a 1% decline in PAT, while another domestic brokerage, Motilal Oswal Financial Services (MOSL), pegs 5.6% YoY rise in to ₹20,500 crore, led by a 12% rise in net sales.
Further clarity on announcements in the New Energy business, growth in retail store additions, and any pricing action in telecom are the key monitorables.
Shares of Reliance Industries ended 1.6% higher today, but have remained under pressure in the last six months. RIL share price is down 13% on a year-to-date (YTD) basis, while it has lost 4% in six months. In a year, it has eked out only 7% gain.
Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Saloni Goel has over nine years of experience as a business journalist, with a strong track record of covering the financial markets. Over the course of her career, she has reported extensively on global and domestic equities, IPO market activity, commodities, and broader macroeconomic trends. Her reporting reflects a keen eye for detail, data-driven analysis, and the ability to spot emerging themes early.<br> At Mint, Saloni has been part of the markets team for nearly two years, where she currently works as Chief Content Producer. In this role, she plays a key part in shaping market coverage, driving editorial strategy, and ensuring timely, accurate, and insightful reporting across. She has been closely involved in breaking news coverage and in crafting stories that help decode the complex financial developments.<br> Before joining Mint, Saloni worked with some of India’s leading business newsrooms, including The Economic Times and Business Standard. Throughout her career, she has worn multiple hats—ranging from reporting and editing to contributing in-depth features and identifying new storytelling formats and market trends.<br> Her experience in fast-paced digital newsrooms has given her an edge in simplifying complex market concepts without losing analytical depth. Outside of work, Saloni enjoys reading books and spending time with her pet.
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