Reliance Industries reports 25% revenue growth in Q1 2027
Reliance Industries reported a 25% revenue growth in Q1 2027, reaching over ₹54,000 cr in EBITDA. The company faced supply chain challenges but saw significant growth in Jio's subscriber base, which reached 533 million.
after close1 source ↓written by the desknot a recommendation
- in revenue
- 25% increase
- ₹54,000 cr
- base expanded
- 533 million
Reliance Industries Ltd reported a 25% increase in revenue, driven by higher oil prices and robust performance in its Jio and retail segments. EBITDA rose 10% to over ₹54,000 cr, reflecting strong operational efficiency. Despite challenges in crude acquisition affecting refinery operations, Jio's subscriber base expanded to 533 million, bolstering future growth prospects.
Not investment advice. For informational purposes only.