Billionaire Mukesh Ambani’s Reliance Industries Limited (RIL) has performed brilliantly in the first quarter (Q1FY26) of the financial year 2025-26. The company said that its net profit has jumped by 76 percent. Reliance Industries Chairman and Managing Director Mukesh Ambani said that his company has started the financial year 2026 with a strong and better performance in all respects. Let us tell you that the revenue of Reliance Retail has increased to Rs 84,171 crore. Last year, during the same quarter, this figure stood at ₹17,445 crore. At the same time, EBITDA has also increased significantly compared to last year. There has been an increase of 15.4% in EBITDA, which is being reported to be Rs 44,961.2 crore. This is the reason why JioAirFiber has now become the world’s largest Fixed Wireless Access (FWA) service. That’s not all Mukesh Ambani’s Jio has now surpassed 200 million 5G subscribers, marking another big milestone for the company. Along with this, its home broadband connections have also increased to more than 2 crores.
Jio is expanding new services
Jio is bringing new generation services for its consumers, like JioGames Cloud and JioPC, to promote digital services in India. Along with this, it will also help in increasing AI in the country. Mukesh Ambani, Chairman of Reliance Jio Infocomm, highlighted a major achievement for Jio during the opening quarter of FY 2026. Now the number of 5G customers has exceeded 20 crores, and the number of home service customers has crossed 2 crores. Meanwhile, Isha Ambani, Executive Director of Reliance Retail Ventures Limited, shared that Reliance Retail has delivered a strong performance. He further said that we are constantly focusing on giving better products. We are also investing in new technology and different products so that we can serve our customers better and grow faster.
Mukesh Ambani delighted with the results
Reliance Industries Chairman and Managing Director Mukesh Ambani is also very happy with the excellent performance of Reliance Industries Limited (RIL) in the first quarter of the financial year 2025-26. Mukesh Ambani said the company’s total EBITDA in the first quarter of 2026 has increased significantly compared to last year, while during this time there was a lot of fluctuation in the economic situation around the world.
