RIL shares fall over 2% post Q1 results; analysts say it missed estimates despite impressive numbers
RIL Q1 Results: Shares of Reliance Industries (RIL) slipped as much as 2.39% to ₹1,440.60 apiece on the NSE on Monday, July 21.
The oil-to-telecom conglomerate last week reported financial results for the quarter ended June 30, 2025 (Q1 FY26).
Mukesh Ambani-backed Reliance Industries, the country's most valuable company, on Friday, July 18, reported a net profit of ₹26,994 crore in the first quarter of the current financial year, marking an increase of 78% from ₹15,138 crore in the same period last year.
The sharp jump in profit came on the back of a strong surge in other income in the first quarter. Reliance Industries' other income in the June quarter jumped 280% to ₹15,119 crore as against ₹3,983 in the year-ago period.
income included a gain of ₹8,924 crore, being proceeds of profit from the sale of listed investments, Reliance Industries said in an exchange filing. The Ambani-backed company sold its stake in Asian Paints in multiple tranches last month
(EBITDA), also known as operating profit, rose nearly 11% to ₹ 42,905 crore, and its operating profit margin expanded by 80 basis points to 17.25% as against 16.41% seen in the corresponding period last year.