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

The New Indian Express Dharmapuri

|

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.

MEER VERHALEN VAN The New Indian Express Dharmapuri

The New Indian Express Dharmapuri

IIM LUCKNOW

A conversation with Director MP Gupta on the institute's evolving programmes, partnerships, and vision for 2050

time to read

3 mins

November 24, 2025

The New Indian Express Dharmapuri

The New Indian Express Dharmapuri

Top ULFA leader lays down arms, setback for Baruah

THE Paresh Baruah faction of banned insurgent group United Liberation Front of Assam (ULFA) suffered a setback on Sunday when one of its top leaders, Arunodoi Dohutia, also known as Arunodoi Asom, surrendered before security forces.

time to read

1 mins

November 24, 2025

The New Indian Express Dharmapuri

UGC to bring mentors to train teachers, colleges asked for nominations

TO set the ball rolling for the education ministry's National Mission for Mentoring (NMM) initiative, the University Grants Commission (UGC) has asked all Higher Educational Institutions (HEIs) to nominate teaching faculty so that they can be onboarded as national mentors for school teachers.

time to read

1 min

November 24, 2025

The New Indian Express Dharmapuri

US court upholds $194 mn award against TCS in trade secrets lawsuit

IN a setback to Tata Consultancy Services Ltd. (TCS), the company informed the exchanges that it has been handed an adverse ruling by a US appeals court, which has upheld a nearly $194 million damages award against the Indian IT giant in a long-running trade secrets lawsuit.

time to read

1 min

November 24, 2025

The New Indian Express Dharmapuri

The New Indian Express Dharmapuri

Ukraine foreign minister dials EAM amid US peace plan

WITH Washington's deadline fast approaching for Kyiv to accept US President Donald Trump's contentious 28-point peace plan, Ukrainian Foreign Minister Andrii Sybiha reached out to External Affairs Minister S Jaishankar to brief him on the diplomatic efforts to end the nearly four-year conflict with Russia.

time to read

1 min

November 24, 2025

The New Indian Express Dharmapuri

With most party leaders back in Congress, Azad's politics at the crossroads

IN barely three years of its founding, the Democratic Progressive Azad Party (DPAP), founded by former Congress veteran Ghulam Nabi Azad, has become largely nonfunctional, as nearly all leaders who joined from Congress have returned to the parent party.

time to read

1 min

November 24, 2025

The New Indian Express Dharmapuri

Experts say mkt momentum to persist

A pickup in earnings, optimism around a potential US-India trade pact and a supportive macro backdrop have sparked an upswing in Indian equities since early October, pushing the headline indices back towards their late-September 2024 record highs. Market experts expect the momentum to persist, with some projecting that the BSE Sensex could scale the six-figure mark by the end of next year if the current tailwinds hold.

time to read

1 mins

November 24, 2025

The New Indian Express Dharmapuri

Lakshya ends title drought in Sydney

AT long last, Indian shuttler Lakshya Sen ended up on the winning side as he captured the Australian Open, his first title of the season.

time to read

1 min

November 24, 2025

The New Indian Express Dharmapuri

The New Indian Express Dharmapuri

Amid criticism, Cong insists INDIA bloc united, will manage floor well

AHEAD of the Winter session of Parliament, Congress whip and party's parliamentary strategy group member Manickam Tagore on Sunday asserted that the INDIA alliance remains united and the party is committed to taking other parties along. The session, with 15 sittings, is slated to begin on December 1 and conclude on December 19.

time to read

2 mins

November 24, 2025

The New Indian Express Dharmapuri

No more flight delays this winter as Kolkata airport gets CAT III ready

FLIGHT delays on foggy winter days will soon become a thing of the past at Kolkata's Netaji Subhash Chandra International Airport, as one of its runways is set to be CAT-III compliant from November 27.

time to read

1 mins

November 24, 2025

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