**Reliance Industries Hits Record High: Quarterly Net Profit Soars 78%**
**A Stellar Quarter for Reliance Industries**
Reliance Industries, India’s largest private sector company, has reported its highest-ever quarterly net profit of ₹26,994 crore in Q1FY26, marking a remarkable 78% year-on-year (YoY) growth. This exceptional performance is driven by strong growth in three key segments: telecom, retail, and oil-to-chemicals.
**Telecom Triumph: Jio Crosses 200 Million 5G Users**
The telecom arm of Reliance Industries, Jio, has achieved a significant milestone, crossing 200 million 5G users. This rapid growth is a testament to Jio’s commitment to providing cutting-edge technology and affordable services to its customers.
**Retail and Jio-bp Deliver Solid Gains**
In addition to the telecom segment, Reliance Industries’ retail and Jio-bp businesses have also contributed significantly to the company’s impressive quarter. The retail segment has continued to expand its presence and offerings, while Jio-bp, a joint venture with bp, has made notable progress in the oil-to-chemicals space.
**A Bright Outlook Ahead**
Reliance Industries’ outstanding performance in Q1FY26 sets the stage for a promising year ahead. With its diversified business portfolio and commitment to innovation, the company is well-positioned to continue delivering value to its shareholders and customers alike.
