New Delhi, April 24 -- Reliance Industries (RIL), India's largest company in terms of market capitalisation, on Friday, 24 April, reported a 12.6% year-on-year (YoY) fall in its consolidated net profit (attributable to owners of the company) to Rs.16,971 crore for the January-March quarter of the financial year 2026 (Q4FY26). In the corresponding quarter of the previous financial year (Q4FY25), the company's profit was Rs.19,407 crore.

The Mukesh Ambani-led oil-to-telecom-to-retail conglomerate reported a 12.9% YoY rise in consolidated revenue from operations to Rs.2,98,621 crore for the March quarter. In the same quarter of FY25, RIL's revenue was Rs.2,64,573 crore.

RIL's gross revenue jumped by 13% YoY to Rs.3,25,290 crore, while prof...