Reliance Industries Ltd

Reliance Consumer Products (RCPL) is the FMCG arm of Reliance Industries (RIL). Finland-based Fazer is a leading FMCG company in Northern Europe, renowned for its high-quality confectionery, bakery and plant-based products. Under the strategic arrangement, the companies will introduce Fazer's branded chocolate portfolio in the Indian market, combining Fazer's product formulations and quality standards with RCPL's local manufacturing capabilities and nationwide distribution network that reaches nearly three million retail outlets. The partnership aims to leverage RCPL's scale and consumer reach alongside Fazer's global chocolate brands to build a presence in India's rapidly expanding chocolate and confectionery market. The collaboration also supports RCPL's broader strategy of expanding its presence in chocolates and confectionery following earlier brand revivals such as Ravalgaon, Toffeeman, Pan Pasand and Lotus Chocolates, while providing Fazer an entry platform into the Indian market through an established domestic distribution and commercialisation partner. T. Krishnakumar, director, Reliance Consumer Products (RCPL), said: Partnering with Fazer is a strategic step towards introducing one of the world's finest chocolates to Indian consumers. This will also accelerate RCPL's growth in chocolates & confectionary market. Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. On a consolidated basis, the conglomerate reported 1.6% rise in net profit to Rs 22,290 crore on 10% increase in gross revenue to Rs 293,829 crore in Q3 FY26 over Q3 FY25. The scrip had gained 1.11% to end at Rs 1405.20 on the BSE on Friday. Powered by Capital Market - Live

Fazer is a leading FMCG company in Northern Europe, renowned for its high-quality confectionery, bakery and plant-based products. . In 2025, Fazer Group had net sales of EUR 1,200 million As part of MoU, the two companies will establish a long-term strategic partnership in India to produce, market, and distribute branded premium chocolates using Fazer's recipes and high-quality standards nationwide. The partnership would combine Fazer's iconic heritage brands, innovative product portfolio, and world's finest chocolates, with RCPL's substantial scale and access to nearly 3 million retail outlets across India, as well as deep expertise in the Indian market. T. Krishnakumar, director, Reliance Consumer Products, said, 'Partnering with Fazer is a strategic step towards introducing one of the world's finest chocolates to Indian consumers. This will also accelerate RCPL's growth in chocolates & confectionary market. By combining Fazer's globally trusted brands and manufacturing excellence with RCPL's local production capabilities, robust distribution network, and deep consumer insights, we are well positioned to bring world-class products to Indian consumers and elevate the overall category experience.' Christoph Vitzthum, president and CEO, Fazer, stated, 'This partnership would be a great opportunity for Fazer to offer our unique products to the fast-growing Indian market. With RCPL handling commercialisation and distribution in India we could establish a premium position in the chocolate market and a foundation for a broader scale nation-wide roll-out with a leading and highly capable local partner. Entering the sizable Indian chocolate market through this strategic partnership, could have the potential to accelerate our international growth significantly.' Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. On a consolidated basis, the conglomerate reported 1.6% rise in net profit to Rs 22,290 crore on 10% increase in gross revenue to Rs 293,829 crore in Q3 FY26 over Q3 FY25.Powered by Capital Market - Live

Reliance Consumer Products (RCPL), the FMCG arm of Reliance Industries, has signed a Memorandum of Understanding (MoU) with Finland's leading foods company Fazer. As part of this evolution, the two companies will establish a long-term strategic partnership in India to produce, market, and distribute branded premium chocolates using Fazer's recipes and high-quality standards nationwide. The partnership would combine Fazer's iconic heritage brands, innovative product portfolio, and world's finest chocolates, with RCPL's substantial scale and access to nearly 3 million retail outlets across India, as well as deep expertise in the Indian market. Together, the companies could have the potential to build a unique position in India's chocolate and confectionery market, which is expected to grow rapidly due to rising consumer incomes and organised retail penetration. T. Krishnakumar, Director, Reliance Consumer Products, said, 'Partnering with Fazer is a strategic step towards introducing one of the world's finest chocolates to Indian consumers. This will also accelerate RCPL's growth in chocolates & confectionary market. By combining Fazer's globally trusted brands and manufacturing excellence with RCPL's local production capabilities, robust distribution network, and deep consumer insights, we are well positioned to bring world-class products to Indian consumers and elevate the overall category experience.' Powered by Capital Market - Live

The stock had declined 4.26% over the past three trading sessions amid rising geopolitical tensions in the Middle East, which had weighed on broader market sentiment. A domestic brokerage said the company could see near-term benefits from the recent surge in energy prices, driven by a sharp rise in diesel refining margins and a potential improvement in petrochemical spreads. Diesel cracks have reportedly climbed to around $35-$42 per barrel from about $20 earlier. Given that diesel accounts for a significant portion of output at Reliance's refinery, sustained cracks could boost the company's gross refining margins and support EBITDA growth. However, the brokerage cautioned that the spike in diesel cracks may not be sustainable and could prompt government intervention through windfall taxes if margins remain elevated. Reliance may also benefit from stronger petrochemical margins, supported by a diversified feedstock mix that reduces dependence on crude-linked inputs. Potential triggers for the stock include the possible initial public offering of Jio and a potential telecom tariff hike following the listing. Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. On a consolidated basis, the conglomerate reported 1.6% rise in net profit to Rs 22,290 crore on 10% increase in gross revenue to Rs 293,829 crore in Q3 FY26 over Q3 FY25. Powered by Capital Market - Live

Based in Tamil Nadu, Southern Health Foods is key player in several health focused foods categories like packaged healthy foods including millets, oats, multi-grain products, health mixes, breakfast cereals, dry fruits, among others. Its flagship brand Manna is widely known for its healthy offerings in many emerging packaged foods categories like millet flour, baby foods and multigrain drink mix. RCPL has acquired 100% equity stake in Southern Health Foods (SHFPL) for an aggregate cash consideration of Rs 156.42 crore from the existing shareholders of SHFPL. The company stated that the addition of Manna adds further strength to RCPL's foods and staples portfolio that includes brands like Udhaiyam, Independence and SiL, through building a strong business vertical in the growing millet-based foods segment. T. Krishnakumar, director, Reliance Consumer Products, said, Manna is one of the most trusted names in the health focused foods market in Tamil Nadu with noticeable presence in the adjoining states. It is known for healthy offerings like millet-based staples and mixes, drinks and baby food. With our strong distribution, R&D and supply chain capabilities, Manna would be made available in other geographies - eventually making it a household name across the country.' Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. The conglomerate had reported 1.6% rise in consolidated net profit to Rs 22,290 crore on 10% increase in gross revenue to Rs 293,829 crore in Q3 FY26 as compared with Q3 FY25. The scrip rose 0.13% to currently trade at Rs 1460.40 on the BSE. Powered by Capital Market - Live

Reliance Industries Ltd is up for a third straight session today. The stock is quoting at Rs 1455.6, up 1.29% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 25723.35. The Sensex is at 83606.72, down 0.16%. Reliance Industries Ltd has slipped around 7.76% in last one month. Meanwhile, Nifty Energy index of which Reliance Industries Ltd is a constituent, has slipped around 0.65% in last one month and is currently quoting at 35657.55, up 1.76% on the day. The volume in the stock stood at 47.1 lakh shares today, compared to the daily average of 150.92 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 1459, up 1.25% on the day. Reliance Industries Ltd is up 13.88% in last one year as compared to a 8.55% jump in NIFTY and a 8.81% jump in the Nifty Energy index.The PE of the stock is 48.92 based on TTM earnings ending December 25.Powered by Capital Market - Live

Reliance Strategic Business Ventures (RSBVL), a wholly owned subsidiary of Reliance Industries (RIL), on 2 February 2026, acquired 50.1% equity stake in Sikhya Entertainment (SEPL), one of India's most globally recognised and awarded production houses, through a combination of primary and secondary transactions, for an aggregate cash consideration of Rs 150 crore. This acquisition enables Jio Studios, the media and content arm of RIL, to further consolidate its pre-eminent position in the media and entertainment sector. Founded by Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment has, over the past decade, redefined what Indian storytelling can achieve on the world stage. Sikhya is the only Indian production house to have won both an Academy Award' and multiple National Film Awards, a distinction that underscores its rare global and domestic impact. Its Academy Award' wins include Period. End of Sentence. (Best Documentary Short Subject) and The Elephant Whisperers (Best Documentary Short Film), while its National Film Award - winning films include Masaan, (Hindi), Soorarai Pottru (Tamil) and Kathal (Hindi), alongside recognition across major Indian and international platforms. Equally central to Sikhya's identity has been its commitment to discovering and championing new talent, from debut and early-career filmmakers to emerging writers and performance-driven storytelling, while creating defining moments for some of India's most celebrated actors. Its multilingual slate includes The Lunchbox, Masaan, Pagglait, Kathal and Kill, to name a few.Powered by Capital Market - Live

The Nifty January 2026 futures closed at 25,080, a premium of 31.35 points compared with the Nifty's closing at 25,048.65 in the cash market. In the cash market, the Nifty 50 index lost 241.25 points or 0.95% to 25,048.65. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 6.31% to 14.19. HDFC Bank, Reliance Industries and ICICI Bank were the top-traded individual stock futures contracts in the F&O segment of the NSE. The January 2026 F&O contracts will expire on 27 January 2026.Powered by Capital Market - Live

RIL has reported 1.6% rise in consolidated net profit to Rs 22,290 crore on 10% increase in gross revenue to Rs 293,829 crore in Q3 FY26 as compared with Q3 FY25. Profit before tax (PBT) for the period under review was Rs 29,697 crore, up 3.7% YoY. EBITDA improved by 6.1% to Rs 50,932 crore in Q3 FY26 from Rs 48,003 crore in Q3 FY25. EBITDA margin was 17.3% in Q3 FY26 as against 18% in Q3 FY25, down 70 basis points YoY. Finance costs increased by 7% YoY to Rs 6,613 crore ($ 736 million), largely due to operationalisation of 5G spectrum assets. Jio Platforms Limited (JPL): JPL's gross revenue increased by 12.7% to Rs 43,683 crore in Q3 FY26 from Rs 38,750 crore in Q3 FY25. EBITDA stood at Rs 19,303 crore, higher by 16.4% as compared with the value of Rs 16,585 crore posted in corresponding quarter last year. ARPU increased by 5.1% YoY to Rs 213.7 per subscriber per month with higher customer engagement, partly offset by promotional offers for unlimited 5G and fixed broadband services. Monthly churn was stable at 1.8%, with net subscriber addition of 8.9 million during the quarter. Reliance Retail Ventures Limited (RRVL): RRVL's revenue was Rs 97,605 crore (up 8.1% YoY) while EBITDA from operations was Rs 6,770 crore (up 2.1% YoY) in Q3 FY26. The demerger of consumer products division was completed during the quarter. The business expanded its store network with 431 new store openings, taking the total store count to 19,979 with area under operation at 78.1 million square feet. JioMart crossed exit daily orders of 1.6 million and recorded 53% QoQ and over 360% YoY growth in average daily orders, establishing itself as the fastest-growing player in hyper-local commerce. Oil to Chemical (O2C) Segment: Revenue from O2C segment for 3Q FY26 rose by 8.4% YoY to Rs 162,095 crore ($18.0 billion). Production meant for sale increased by 1.7% on a YoY basis. Fuel retailing operations through Jio-bp expanded its network by 14% YoY to 2,125 outlets, driving volume growth of 24.7% for HSD and 20.8% for MS. Segment EBITDA for 3Q FY26 increased by 14.6% YoY to 16,507 crore ($ 1.8 billion) due to sharp increase in transportation fuel cracks and higher Sulphur realisation partially offset by weakness in downstream chemical margins and higher feedstock freight rates. Favorable ethane cracking economics and domestic market placements continued to support profitability. Reliance BP Mobility (RBML) (operating under brand Jio-bp) operated a country-wide network of 2,125 outlets as on 31 December 2025 as against 1,865 outlets as on 31 December 2024. Oil & Gas (Exploration and Production) Segment: Revenue for Q3 FY26 was Rs 5,833 crore, down 8.4% YoY. This was on account of lower volumes and price realisation for KGD6 gas and condensate. The average price realized for KGD6 gas was $9.65 per MMBTU in Q3 FY26 vis-'-vis $9.74 per MMBTU in Q3 FY25. The average price realised for CBM gas was $9.29 per MMBTU in Q3 FY26 vis-'-vis $10.58 MMBTU in Q3 FY25. JioStar Business: JioStar reported strong revenues of Rs 8,010 crore with EBITDA (including other income) of Rs 1,303 crore for 3Q FY26. Television network reached over 830 million viewers, delivering over 60 billion hours of watch time. JioHotstar averaged 450 million monthly active users (MAUs); up 13% QoQ and almost on par with the IPL quarter (Q1 FY26), clearly demonstrating the platform's momentum. The network's TV entertainment viewership share improved by 100 basis points YoY to 34.6%, further solidifying its position as a preferred entertainment destination. Mukesh D. Ambani, chairman and managing director, Reliance Industries, said: FY26 reflects consistent financial delivery and operational resilience across businesses. This quarter, Jio expanded its subscriber base further, through attractive propositions enabled by its comprehensive, indigenous technology stack tailored for Indian markets. The business delivered a robust financial performance with 16.4% growth in EBITDA. Our Retail business also had an eventful quarter, strengthening its portfolio with the onboarding of fresh new brands and product ranges. The demerger of consumer products business came into effect this quarter. Robust growth in O2C business was led by significantly higher fuel margins with favorable demand-supply dynamics, along with operational flexibility. I am happy to highlight the strong growth in our fuel retailing business, with continuing expansion of the Jio-bp network. Upstream segment EBITDA was impacted by lower volumes and prices. Reliance is entering a new phase of value creation with its initiatives in the AI and New Energy domains. I am confident that Reliance will play a pioneering role in the evolution of these epoch-defining technologies, providing sustainable solutions at scale for India and the world.' Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. Powered by Capital Market - Live

Profit before tax (PBT) for the period under review was Rs 29,697 crore, up 3.7% YoY. EBITDA improved by 6.1% to Rs 50,932 crore in Q3 FY26 from Rs 48,003 crore in Q3 FY25. EBITDA margin was 17.3% in Q3 FY26 as against 18% in Q3 FY25, down 70 basis points YoY. Finance costs increased by 7% YoY to Rs 6,613 crore ($ 736 million), largely due to operationalisation of 5G spectrum assets. Mukesh D. Ambani, chairman and managing director, Reliance Industries, said: 'FY26 reflects consistent financial delivery and operational resilience across businesses. This quarter, Jio expanded its subscriber base further, through attractive propositions enabled by its comprehensive, indigenous technology stack tailored for Indian markets. The business delivered a robust financial performance with 16.4% growth in EBITDA. Our Retail business also had an eventful quarter, strengthening its portfolio with the onboarding of fresh new brands and product ranges. The demerger of consumer products business came into effect this quarter. Robust growth in O2C business was led by significantly higher fuel margins with favorable demand-supply dynamics, along with operational flexibility. I am happy to highlight the strong growth in our fuel retailing business, with continuing expansion of the Jio-bp network. Upstream segment EBITDA was impacted by lower volumes and prices. Reliance is entering a new phase of value creation with its initiatives in the AI and New Energy domains. I am confident that Reliance will play a pioneering role in the evolution of these epoch-defining technologies, providing sustainable solutions at scale for India and the world.' Jio Platforms Limited (JPL): JPL's gross revenue increased by 12.7% to Rs 43,683 crore in Q3 FY26 from Rs 38,750 crore in Q3 FY25. EBITDA stood at Rs 19,303 crore, higher by 16.4% as compared with the value of Rs 16,585 crore posted in corresponding quarter last year. ARPU increased by 5.1% YoY to Rs 213.7 per subscriber per month with higher customer engagement, partly offset by promotional offers for unlimited 5G and fixed broadband services. Monthly churn was stable at 1.8%, with net subscriber addition of 8.9 million during the quarter. Reliance Retail Ventures Limited (RRVL): RRVL's revenue was Rs 97,605 crore (up 8.1% YoY) while EBITDA from operations was Rs 6,770 crore (up 2.1% YoY) in Q3 FY26. The demerger of consumer products division was completed during the quarter. The business expanded its store network with 431 new store openings, taking the total store count to 19,979 with area under operation at 78.1 million square feet. JioMart crossed exit daily orders of 1.6 million and recorded 53% QoQ and over 360% YoY growth in average daily orders, establishing itself as the fastest-growing player in hyper-local commerce. Oil to Chemical (O2C) Segment: Revenue from O2C segment for 3Q FY26 rose by 8.4% YoY to Rs 162,095 crore ($18.0 billion). Production meant for sale increased by 1.7% on a YoY basis. Fuel retailing operations through Jio-bp expanded its network by 14% YoY to 2,125 outlets, driving volume growth of 24.7% for HSD and 20.8% for MS. Segment EBITDA for 3Q FY26 increased by 14.6% YoY to 16,507 crore ($ 1.8 billion) due to sharp increase in transportation fuel cracks and higher Sulphur realisation partially offset by weakness in downstream chemical margins and higher feedstock freight rates. Favorable ethane cracking economics and domestic market placements continued to support profitability. Reliance BP Mobility (RBML) (operating under brand Jio-bp) operated a country-wide network of 2,125 outlets as on 31 December 2025 as against 1,865 outlets as on 31 December 2024. Oil & Gas (Exploration and Production) Segment: Revenue for Q3 FY26 was Rs 5,833 crore, down 8.4% YoY. This was on account of lower volumes and price realisation for KGD6 gas and condensate. The average price realized for KGD6 gas was $9.65 per MMBTU in Q3 FY26 vis-'-vis $9.74 per MMBTU in Q3 FY25. The average price realised for CBM gas was $9.29 per MMBTU in Q3 FY26 vis-'-vis $10.58 MMBTU in Q3 FY25. JioStar Business: JioStar reported strong revenues of Rs 8,010 crore with EBITDA (including other income) of Rs 1,303 crore for 3Q FY26. Television network reached over 830 million viewers, delivering over 60 billion hours of watch time. JioHotstar averaged 450 million monthly active users (MAUs); up 13% QoQ and almost on par with the IPL quarter (Q1 FY26), clearly demonstrating the platform's momentum. The network's TV entertainment viewership share improved by 100 basis points YoY to 34.6%, further solidifying its position as a preferred entertainment destination. Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. The scrip had shed 0.06% to end at Rs 1457.60 on the BSE on Friday. Powered by Capital Market - Live