Reliance Q1FY27 net profit falls 22% to Rs 20,946 cr but beats estimates; Retail revenue up 7.4%
RIL posted a 22.4% YoY drop in net profit to Rs 20,946 crore on a high base, though results beat estimates as revenue rose 25.4% to Rs 3,11,850 crore. Reliance Retail revenue grew 7.4% to Rs 90,408 crore, but Ebitda dipped on digital commerce investments. Jio grew 12% with Arpu at Rs 215.6.
RIL Q1FY27 net profit fell 22.4% to Rs 20,946 crore on a high base but beat estimates. Reliance Retail revenue rose 7.4% to Rs 90,408 crore, though Ebitda dipped on digital commerce investments; Jio grew 12%.
Why this matters
Follows Reliance's prior quarter, when profit fell 25% to Rs 23,196 crore and retail revenue rose 8%. Comes as brokerages see up to 28% upside after the Jio IPO filing and retail push.
Retail-company signals accelerating, up 875600% QoQ.