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

The New Indian Express Tirunelveli

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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 Tirunelveli

The New Indian Express Tirunelveli

'We have come far, but the digital divide still exists'

India's smartphone market may be approaching a saturation point but there is still room for innovating products to grow, says Madhav Sheth, CEO of Ai+ Smartphone and founder of NxtQuantum Shift Technologies, in an interaction with TNIE's Rakesh Kumar. Excerpts:

time to read

3 mins

October 24, 2025

The New Indian Express Tirunelveli

Trump factor leads PM to duck Malaysia trip, says Cong

THE Congress on Thursday claimed that the reason for Prime Minister Narendra Modi not travelling to Malaysia for the Asean summit was that he does not want to be cornered by US President Donald Trump.

time to read

1 mins

October 24, 2025

The New Indian Express Tirunelveli

'Abhay' for anonymity: How Maoists evade police action

ENGLISH playwright William Shakespeare wrote in Romeo and Juliet, \"What's in a name?\" For the outlawed CPI (Maoist), the answer is everything. Names, often assumed or symbolic, are a tool of survival, strategy, and connection with the communities in which they operate.

time to read

1 mins

October 24, 2025

The New Indian Express Tirunelveli

The New Indian Express Tirunelveli

Kohli’s twin failures, Sharma’s fifty talking points in India’s loss

IT'S hard to find context in an ODI bilateral series with no major events scheduled in that format for the next two years.

time to read

3 mins

October 24, 2025

The New Indian Express Tirunelveli

TAKE AI’S HELP FOR SPEEDY JUSTICE

EW phrases encapsulate the despair of the Indian litigant more powerfully than Sunny Deol's anguished outburst in Damini: \"Tareekh pe tareekh\" (hearing after hearing).

time to read

3 mins

October 24, 2025

The New Indian Express Tirunelveli

321kg gold smuggled through 7 main routes seized in 10 months, says DRI

THE Directorate of Revenue Intelligence (DRI) has uncovered an increasingly sophisticated gold smuggling operation spanning continents. Between January and October this year, DRI intercepted and seized around 321kg of smuggled gold, valued at ₹406.35 crore.

time to read

1 mins

October 24, 2025

The New Indian Express Tirunelveli

The New Indian Express Tirunelveli

High on drugs, Indian-origin truck driver kills three in US crash; held

A 21-year-old Indian-origin truck driver, Jashanpreet Singh, who had reportedly entered the US illegally in 2022, has been arrested for causing a semi-truck crash in California's Ontario that snuffed out three lives and injured at least four other people on Tuesday.

time to read

1 mins

October 24, 2025

The New Indian Express Tirunelveli

The New Indian Express Tirunelveli

More girls in govt-run CBSE schools, says secy

IT is crucial that society invest more in the education of the girl child, according to the Union Secretary of Education and Literacy, Sanjay Kumar.

time to read

2 mins

October 24, 2025

The New Indian Express Tirunelveli

U’khand village puts cap on wedding expenses

TO curb the rising expenses and the culture of showiness at social ceremonies, the residents of Kandhar village in Uttarakhand's tribal region of Jaunsar-Bawar have passed a social bylaw limiting the gold jewellery married women can wear at weddings and family functions.

time to read

1 mins

October 24, 2025

The New Indian Express Tirunelveli

Coach Srinath backs Praggnanandhaa, Erigaisi at chess World Cup

GRANDMASTER Srinath Narayanan, who was the coach of the India team that won gold at the 2024 Chess Olympiad, felt both R Praggnanandhaa and Arjun Erigaisi would have a great chance to lift the title.

time to read

1 mins

October 23, 2025

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