Reliance Industries Q4 FY26 Results - Declares Dividend of ₹6/Share 

Reliance Industries Limited (RIL) reported a 13% quarter-on-quarter decline in Q4 FY26 net profit to ₹16,971 crore, primarily due to margin pressures across key segments. However, revenue from operations grew 12.64% to ₹2.94 lakh crore year-on-year, and the company maintained its shareholder commitment with a dividend of ₹6 per share.

Q4 performance highlights

The conglomerate's consolidated net profit slipped to ₹16,971 crore from ₹19,407 crore in Q3 FY26. Revenue growth was driven by steady demand across oil-to-chemicals (O2C), retail, and digital services, though profitability faced headwinds from lower refining margins and retail slowdown.

O2C segment showed resilience despite global volatility, while Jio and retail continued to contribute to top-line growth. EBITDA details were not specified, but the profit decline reflects operational challenges in a high-capex environment.

Dividend announcement

RIL's board recommended a final dividend of ₹6 per equity share for FY26. This maintains the company's consistent payout policy, providing stable returns to shareholders amid earnings volatility.

The record date and payment timeline will be announced separately, but the dividend underscores RIL's focus on capital returns even during transitional quarters.

Segment-wise insights

Oil-to-Chemicals (O2C): Steady volumes offset margin compression from global refining cycles.

Retail: Growth slowed amid consumer caution, though store expansion continues.

Digital (Jio): Subscriber additions and ARPU improvements supported revenue.

New Energy: Capex remains high as projects progress toward milestones

Market context

RIL's results come amid broader market expectations for energy transition progress and retail recovery. The 13% profit drop is sequential (QoQ), not YoY, highlighting quarter-specific pressures rather than structural decline.

The stock's reaction will depend on management commentary around FY27 guidance, capex plans, and new energy timelines during the earnings call.

FAQs

1. What was Reliance Industries' Q4 FY26 net profit?
₹16,971 crore, down 13% quarter-on-quarter.

2. How much did RIL's Q4 revenue grow?
Revenue rose 12.64% YoY to ₹2.94 lakh crore.

3. What dividend did Reliance Industries announce?
₹6 per equity share for FY26.

4. Why did RIL's profit decline in Q4 FY26?
Margin pressures in O2C and retail slowdown contributed to the 13% QoQ drop.

5. Is the profit decline YoY or QoQ?
It's a 13% quarter-on-quarter decline from Q3 FY26.

6. When was Reliance Q4 FY26 results announced?
Announced on April 24, 2026.

7. What does RIL dividend mean for shareholders?
₹6/share maintains consistent payouts, signaling confidence despite profit dip.choiceindia+1

8. Which segments drove RIL revenue growth?
O2C volumes, retail expansion, and Jio subscriber growth.