RIL Q1FY27: O2C EBITDA up 17.2% on Russia crude shift, but group profit slips 22%

Reliance Industries diversified crude sourcing toward Russia and Latin America amid Iran-war market turmoil, lifting O2C EBITDA to Rs 17,010 crore (+17.2% YoY). Consolidated revenue rose 24.5% to Rs 3.4 lakh crore, though profit fell 22% to Rs 20,946 crore. Jio ARPU hit Rs 215.6 across 533M subscribers, underpinning parent flows into Reliance Retail.

— Filed Fri, 17 Jul, 2026, 20:22 IST · Source ET Small Business · Updated

RIL's Q1FY27 results show O2C EBITDA up 17.2% amid crude sourcing shift to Russia/Latin America, though group profit fell 22%. Parent-level capital flows underpin Reliance Retail; Jio ARPU and subscriber growth also reported.