Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Reliance Industries' Q1 profit drops 22% YoY to ₹21,000 crore
short by Ishaan Mukherjee / on Friday, 17 July, 2026
Reliance Industries' consolidated net profit fell 22.4% YoY to ₹20,946 crore in Q1FY27 after a one-time exceptional gain from the Asian Paints stake sale in the same quarter last year. Despite the drop, it recorded revenue from operations of ₹3.12 lakh crore, up 10.6% YoY. The company's revenue crossed the ₹3-lakh crore mark for the first time in a quarter.
read more at ET Now