Reliance Q2 FY27: profit falls 22% on prior-year Asian Paints gain; revenue jumps 25%
RIL posted net profit of Rs 20,946 crore, down 22% YoY against a high base inflated by last year's one-time Asian Paints stake-sale gain. Revenue rose 25% to Rs 3.11 lakh crore and EBITDA gained 10% to Rs 54,067 crore. Consumer arms keep expanding as Jio Platforms files its IPO DRHP.
RIL posted Q2 FY27 net profit of Rs 20,946 crore, down 22% due to prior-year Asian Paints stake-sale gain; revenue rose 25%. Consumer businesses expanding; Jio Platforms filed DRHP for its IPO. Parent-level capital flows underpin Reliance's retail arm.