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Asian Paints stake sale lifts RIL profit in Q1; net earnings up 78% to ₹27k cr

The New Indian Express Kannur

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July 19, 2025

ON the back of stake sale in Asian Paints, Mukesh Ambani-led Reliance Industries Ltd's (RIL) consolidated net profit grew 78.32% in the first quarter of financial year 2026 (Q1FY26) to ₹26,994 crore as against ₹15,138 crore profit reported in the same period last fiscal.

- ARSHAD KHAN @New Delhi

RIL pocketed ₹8,924 crore from its stake sale in Asian Paints, and excluding this one-time gain, the conglomerate's profit stood at ₹18,070 crore in Q1FY26, higher by 19% than Q1FY25 profit. The company had reported a PAT of ₹19,407 crore in the preceding March quarter (Q4FY25). RIL's revenue from operations stood at ₹248,660 crore, a 5.27% year-on-year growth from ₹236,217 crore in Q1FY25. Sequentially, there was a decline as RIL's revenue stood at ₹288,138 crore in Q4FY25.

FLERE HISTORIER FRA The New Indian Express Kannur

The New Indian Express Kannur

'Elevation above caste & dynasty politics': BJP's new UP chief takes over

UNION Minister of State (MoS) for Finance Pankaj Chaudhary was on Sunday appointed as the president of the BJP's Uttar Pradesh unit, ending months of speculation over who would secure the coveted position.

time to read

1 mins

December 15, 2025

The New Indian Express Kannur

The New Indian Express Kannur

J'khand's civic polls on paper ballot, as no EVMs come from neighbours

FOR the first time, municipal elections in Jharkhand will be conducted using ballot papers instead of electronic voting machines (EVMs), following a decision by the State Election Commission (SEC).

time to read

1 mins

December 15, 2025

The New Indian Express Kannur

WHAT COULD POSSIBLY GO WRONG IN 2026

OUR actions and in-actions shape the prospects for your money.

time to read

2 mins

December 15, 2025

The New Indian Express Kannur

KASHI TAMIL SANGAMAM 4.0 CELEBRATES UNITY IN DIVERSITY

NDIA'S civilisational distinctiveness has always sprung from a profound truth-our diversity is not an obstacle to overcome, but a powerful source of unity, renewal, and shared purpose.

time to read

3 mins

December 15, 2025

The New Indian Express Kannur

Two CoBRA personnel critically injured in Maoist IED blasts in Jharkhand

TWO personnel of the Commando Battalion for Resolute Action (CoBRA) were critically injured in separate improvised explosive device (IED) blasts triggered by Maoists inside Saranda forest in Jharkhand's West Singhbhum district on Sunday, police said.

time to read

1 min

December 15, 2025

The New Indian Express Kannur

The New Indian Express Kannur

Two youths shot dead in Canada on way to party

TWO Indian-origin youth hailing from Punjab were shot dead in southeast Edmonton, Canada by unidentified persons early on Friday.

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1 min

December 15, 2025

The New Indian Express Kannur

The New Indian Express Kannur

Cong charge on EC an attempt to safeguard infiltrators, says BJP

DISMISSING the Congress rally against SIR on Sunday, the BJP on Sunday alleged that \"vote theft\" was nothing more than an attempt to shield infiltrators.

time to read

1 min

December 15, 2025

The New Indian Express Kannur

Three councils, foreign univ standards in higher edu bill

THE Viksit Bharat Shiksha Adhishthan Bill, 2025, which seeks to replace the UGC, AICTE and NCTE with an apex umbrella body, is expected to be introduced in the ongoing Winter Session of Parliament this week.

time to read

2 mins

December 15, 2025

The New Indian Express Kannur

New strategy: Centre ropes in heritage architects for upkeep of ASI monuments

THE Ministry of Culture has started the process of empanelling heritage conservation architects, a move that will allow private entities, including donors and corporate bodies, to undertake conservation and restoration of protected monuments under the Archaeological Survey of India (ASI).

time to read

1 min

December 15, 2025

The New Indian Express Kannur

The New Indian Express Kannur

US tariff: Rajasthan seeks diaspora help

THE Rajasthan government is taking several measures — including reaching out to nonresident Rajasthani businessmen based overseas — to help exporters find alternative markets for key products such as carpets, textiles, and gems and jewellery, which have been hit hard by US tariffs.

time to read

1 min

December 15, 2025

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