Mumbai, Oct 17
Reliance Industries (RIL) on Friday announced a 14.3 per cent increase in net profit to Rs 22,092 crore for the July-September quarter (Q2) of 2025-26 compared with the corresponding figure of Rs 19,323 crore for the same quarter of the previous financial year.
The Mukesh Ambani-controlled company clocked a 9.9 per cent increase in gross revenue to Rs 2,83,548 crore during the second quarter compared to the same period of the previous financial year, according to a company statement.
The company’s Oil to Chemicals (O2C) revenue increased by 3.2 per cent YoY. Production meant for sale increased 2.3 per cent on a YoY basis.
However, the Oil and Gas segment revenue decreased by 2.6 per cent YoY mainly on account of the natural decline of production in KGD6, and lower condensate price realisation. This was partly offset by improved KGD6 gas price realisation and higher volume of CBM, the company added.