Reliance Industries Chairman Mukesh Ambani is expected to make a series of big announcements as he addresses shareholders at the company's 49th annual general meeting (AGM) post IPO on Friday.RIL AGM comes at a time when stakeholders are looking for concrete timelines on key initiatives such as the $4 billion Jio IPO, investments in artificial intelligence, new energy and retail, alongside other growth plans.In the last AGM, the tycoon unveiled a growth blueprint backed by AI programmes, global collaborations, data centre investments and next-gen energy plans.Track Reliance AGM 2026 Live Updates hereReliance Industries 2026-26 Financial ResultsMukesh Ambani-led Reliance Industries reported a standalone revenue of Rs 5,46,852 crore, down 1.9% compared to the previous financial year. The conglomerate’s EBITDA stood at Rs 78,085 crore, growing 5.3% Y-o-Y, while Profit After Tax (PAT) was higher by 24.4%, at Rs 43,851 crore.In FY26, Reliance Retail recorded Gross Revenue of Rs 3,71,085 crore, posting an annual growth of 12.1. EBITDA stood at Rs 27,034 crore, translating into an EBITDA margin of 8.2% with slight moderation due to growing contribution of hyper-local commerce.The retail arm’s performance was supported by network expansion, improved category mix, private label contribution and operating efficiencies across supply chain and fulfilment, the company said in its annual report released earlier.Reliance Consumer Products Limited gross revenue doubled in the last one year to Rs 22,000 crore with staples and beverages categories fuelling the growth. Campa recorded more than Rs 4,700 crore in gross sales in FY26, becoming India's fourth-largest carbonated soft drinks brand in March this year. The beverage brand has captured double-digit market share in key markets.Reliance’s Digital Services business recorded revenue and EBITDA growth of 14.3% and 17.8% Y-o-Y respectively, led by healthy subscriber addition, ARPU growth and scale-up of digital services.The company recorded robust customer engagement on the Jio network with average per capita data and voice usage at 42.3 GB and 988 minutes per month, and a subscriber base of over 524 million for the quarter ending March 2026.Ambani’s Oil-to-Chemicals business posted a revenue growth of 5.7% Y-o-Y to Rs 6,62,401 crore in FY26, primarily on account of higher domestic product placement and better price realisation. The EBITDA the business stood at Rs 60,546 crore, driven by strongertransportation fuel cracks, efficient feedstock sourcing and higher domestic productplacement.In the annual report, Reliance Industries noted that O2C earnings were constrained by weak downstream chemical margins and disruptions caused by Middle East conflict towards the year-end.In FY26, Reliance Industries’ Oil and Gas unit recorded decline in both revenues and EBITDA by 5.4% and 10.1% respectively, primarily due to natural production decline in KG D6 leading to lower volumes and lower price realisation partly offset by increased CBM gas production.The conglomerate’s revenue from the unit stood at Rs 23,861 crore while the EBITDA stood at Rs 19,050 crore.
Reliance AGM 2026 Key Highlights: All eyes on Mukesh Ambani as $4 bn Jio IPO, AI plans take centre stage
RIL AGM 2026 Key Highlights: Mukesh Ambani addresses shareholders at Reliance Industries' annual general meeting on Friday. Big announcements are expected regarding Jio IPO, artificial intelligence, new energy, and retail growth. The company reported strong financial results for FY26, with growth in retail, digital services, and oil-to-chemicals businesses. Oil and gas unit saw a decline. Stakeholders await concrete timelines on future initiatives.















