Reliance’s June quarter of FY26 had included an exceptional gain of ₹8,924 crore from the sale of its stake in Asian Paints, making the year-on-year comparison unfavourable. File
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Reliance Industries Ltd. on Friday (July 17, 2026) reported a 22% year-on-year decline in consolidated net profit for the June quarter as earnings in the year-ago period were boosted by a one-time gain from the sale of shares in Asian Paints.Net profit attributable to owners of the company stood at $20,946 crore for the quarter ended June 30 compared to ₹26,994 crore a year earlier, according to a stock exchange filing.Reliance's June quarter of FY26 had included an exceptional gain of ₹8,924 crore from the sale of its stake in Asian Paints, making the year-on-year comparison unfavourable.RIL created five times value for shareholders in 10 yearsExcluding the one-off gain, operating performance remained supported by steady contributions from the oil-to-chemicals, retail, digital services and upstream businesses, while the company continued to invest in its new energy initiatives.Its revenue from operations and EBITDA were supported by resilient performance across key business segments despite a challenging global macroeconomic environment. Published - July 17, 2026 08:00 pm IST
