Reliance Q1 results, July 17 -- Mukesh Ambani-led oil-to-telecom-to-retail conglomerate, Reliance Industries (RIL), on Friday, 17 July, reported a 22.40% year-on-year (YoY) fall in its consolidated net profit (attributable to owners of the company) to Rs.20,946 crore for the April-June quarter of the financial year 2026-27 (Q1FY27).

In the corresponding quarter of the previous financial year, the company's profit was Rs.26,994 crore.

However, sequentially, or on a quarter-on-quarter (QoQ) basis, RIL's Q1FY27 profit rose by 23.42% from Rs.16,971 crore in Q4FY26.

RIL's revenue from operations for the June quarter of FY27 rose by 25.41% YoY and 4.43% QoQ to Rs.3,11,850 crore.

In the same quarter of FY26 (Q1FY26), Reliance's revenue was R...