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RIL misses Street's profit estimates

Financial Express Delhi

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January 17, 2026

Retail, upstream weakness offsets O2C gains

- RAGHAVENDRA KAMATH & KISHOR KADAM

RELIANCE INDUSTRIES (RIL) on Friday reported a consolidated net profit of ₹18,645 crore for the October-December quarter, up 0.6% year-on-year but below the Bloomberg estimate of ₹19,896 crore as higher costs and weaker earnings from retail and the oil and gas business offset strength in its oil-to-chemicals operations.

Revenue from operations rose 10.5% year-on-year to ₹2.69 lakh crore, beating estimate of ₹2.58 lakh crore.

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