Integrated Filing — IndAS



General information about company

Scrip Code 500325
NSE Symbol RELIANCE
MSEI Symbol NOTLISTED
ISIN INE002A01018
Name of company RELIANCE INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 30-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 30-10-2026   17:30:00
End date and time of board meeting 30-10-2026   19:25:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 3,32,86,100.00 6,44,71,100.00
Other income 5,79,300.00 12,34,300.00
Total income 3,38,65,400.00 6,57,05,400.00
2 Expenses
(a) Cost of materials consumed 1,49,62,800.00 2,79,48,500.00
(b) Purchases of stock-in-trade 93,59,400.00 1,76,42,700.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (17,53,900.00) (18,86,500.00)
(d) Employee benefit expense 7,47,400.00 15,19,100.00
(e) Finance costs 8,48,100.00 16,81,800.00
(f) Depreciation, depletion and amortisation expense 15,31,500.00 30,41,500.00
(f) Other Expenses
1 Excise Duty 2,26,000.00 4,64,200.00
2 Other Expenses 40,82,800.00 83,69,800.00
Total other expenses 43,08,800.00 88,34,000.00
Total expenses 3,00,04,100.00 5,87,81,100.00
3 Total profit before exceptional items and tax 38,61,300.00 69,24,300.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 38,61,300.00 69,24,300.00
6 Tax expense
7 Current tax 5,25,000.00 9,92,100.00
8 Deferred tax 4,11,300.00 7,07,100.00
9 Total tax expenses 9,36,300.00 16,99,200.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 29,25,000.00 52,25,100.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 30,000.00 49,500.00
16 Total profit (loss) for period 29,55,000.00 52,74,600.00
17 Other comprehensive income net of taxes (1,16,400.00) 2,10,300.00
18 Total Comprehensive Income for the period 28,38,600.00 54,84,900.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 25,54,800.00 46,49,400.00
Total profit or loss, attributable to non-controlling interests 4,00,200.00 6,25,200.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 24,35,100.00 48,49,200.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 4,03,500.00 6,35,700.00
21 Details of equity share capital
Paid-up equity share capital 13,53,300.00 13,53,300.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 18.88 34.36
Diluted earnings (loss) per share from continuing operations 18.88 34.36
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 18.88 34.36
Diluted earnings (loss) per share from continuing and discontinued operations 18.88 34.36
24 Debt equity ratio 0.4100 0.4100
25 Debt service coverage ratio 3.5200 3.3200
26 Interest service coverage ratio 5.5500 5.1200
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to Financial Results: 1. The following ratios which form part of the Consolidated Financial Results for the quarter and half year ended 30th September, 2026, are reproduced below, as there are no rows designated for the same in the XBRL format: Ratio Quarter ended Half Year ended 30th September, 2026 30th September, 2026 A) Current ratio 1.13 1.13 B) Long Term Debt to Working Capital 3.11 3.11 C) Bad Debts to Account Receivable Ratio 0.00 0.00 D) Current Liability Ratio 0.49 0.49 E) Total Debt to Total Assets 0.17 0.17 F) Debtors Turnover Ratio $ 23.26 23.80 G) Inventory Turnover Ratio $ 7.18 6.98 H) Operating Margin (%) 11.4 10.5 I) Net Profit Margin (%) 8.2 7.5 $ Ratios for the quarter / half year have been annualised. 2. Net Worth as at 30th September 2026 is Rs. 906,204 Crore. 3. Outstanding Capital Redemption Reserve/Debenture Redemption Reserve as at 30th September 2026 is Rs. 3,213 Crore. 4. Formulae for computation of ratios are as follows : i. Debt Service Coverage Ratio = Earnings before Interest and Tax ------------------------------------------------------------------------ Interest Expense + Principal Repayments made during the period for long term loans ii. Interest Service Coverage Ratio = Earnings before Interest and Tax ----------------------------------------------------------------------- Interest Expense iii. Debt/ Equity Ratio = Total Debt ------------------ Total Equity iv. Current ratio = Current Assets --------------------- Current Liabilities v. Long term debt to working capital = Non-Current Borrowings (Including Current Maturities of Non-Current Borrowings) ----------------------------------------------------------------------- Current Assets Less Current Liabilities (Excluding Current Maturities of Non-Current Borrowings) vi. Bad debts to Account receivable = Bad Debts ratio ------------------ Average Trade Receivables vii. Current liability ratio = Total Current Liabilities -------------------------------------------- Total Liabilities viii. Total debts to total assets = Total Debt ----------------- Total Assets ix. Debtors turnover = Value of Sales & Services ---------------------------------- Average Trade Receivables x. Inventory turnover = Cost of Goods Sold (Cost of Material Consumed+ Purchases + Changes in Inventory + Manufacturing Expenses) --------------------------------------------------------------------------------- Average Inventories of Finished Goods, Stock-in-Process and Stock-in-Trade xi. Operating margin (%) = Earnings before Interest and Tax less Other Income ------------------------------------------------------------------ Value of Sales & Services xii. Net profit margin (%) = Profit After Tax and Share of Profit / (Loss) of Associates and Joint Ventures --------------------------------------------------------------------------------------------- Value of Sales & Services 5. Notes to Cash Flow: (i). Changes in Trade and Other Receivables have been shown under Adjustments for decrease / (increase) in trade receivables, current. (ii). Changes in Trade and Other Payables have been shown under Adjustments for increase / (decrease) in trade payables, current. (iii). Proceeds from issue of Equity Share Capital for the half year ended 30th Sep'26 - Rs. 660,880. (iv). Proceeds from issue of Equity Share Capital for the half year ended 30th Sep'25 - Rs. 997,360. (v). Other adjustments for which cash effects are investing or financing cash flow includes loss on Sale / Discard of Property, Plant and Equipment and Other Intangible Assets (net) and Net Gain on Financial Assets.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 7,53,63,800.00
Capital work-in-progress 2,33,17,600.00
Investment property 0.00
Goodwill 28,55,800.00
Other intangible assets 3,38,05,800.00
Intangible assets under development 54,29,000.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 1,57,51,500.00
Trade receivables, non-current 0.00
Loans, non-current 67,100.00
Other non-current financial assets
1 Other Financial Assets 5,72,300.00
Total of other non-current financial assets 5,72,300.00
Total non-current financial assets 1,63,90,900.00
Deferred tax assets (net) 1,01,200.00
Other non-current assets
1 Other Non-current assets 67,08,700.00
Total of other non-current assets 67,08,700.00
Total non-current assets 16,39,72,800.00
2 Current assets
Inventories 1,85,48,000.00
Current financial asset
Current investments 78,59,100.00
Trade receivables, current 59,56,400.00
Cash and cash equivalents 1,81,72,300.00
Bank balance other than cash and cash equivalents 0.00
Loans, current 4,93,500.00
Other current financial assets
Total of other current financial assets 67,68,300.00
Total current financial assets 3,92,49,600.00
Current tax assets (net) 0.00
Other current assets
1 Other Current Assets 57,32,900.00
Total of other current assets 57,32,900.00
Total current assets 6,35,30,500.00
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 22,75,03,300.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 13,53,300.00
Other equity 9,30,87,100.00
Total equity attributable to owners of parent 9,44,40,400.00
Non controlling interest 1,88,24,400.00
Total equity 11,32,64,800.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 2,89,74,400.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease Liabilities 14,08,100.00
2 Deferred Payment Liability 96,72,700.00
3 Other Financial Liabilities 54,05,800.00
Total of other non-current financial liabilities 1,64,86,600.00
Total non-current financial liabilities 4,54,61,000.00
Provisions, non-current 18,11,300.00
Deferred tax liabilities (net) 1,05,57,700.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 4,32,100.00
Total of other non-current liabilities 4,32,100.00
Total non-current liabilities 5,82,62,100.00
Current liabilities
Current financial liabilities
Borrowings, current 95,20,800.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 2,29,200.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2,66,37,800.00
Total Trade payable 2,68,67,000.00
Other current financial liabilities
1 Lease Liabilities 6,28,900.00
2 Other Financial Liabilities 55,98,500.00
Total of other current financial liabilities 62,27,400.00
Total current financial liabilities 4,26,15,200.00
Other current liabilities 1,24,81,900.00
1 Other Current liabilities 1,24,81,900.00
Total of other current liabilities 1,24,81,900.00
Provisions, current 8,79,300.00
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 5,59,76,400.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 11,42,38,500.00
Total equity and liabilites 22,75,03,300.00
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) 1. Other intangible assets include spectrum of Rs. 183,890 Crore and Other intangible assets under development include spectrum under developement of Rs. 8,818 Crore.



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Oil to Chemicals (O2C) 2,31,60,100.00 4,33,40,400.00
2 Oil and Gas 6,02,000.00 12,31,800.00
3 Retail 91,71,700.00 1,82,12,600.00
4 Digital Services 48,48,600.00 95,38,600.00
5 Others 25,31,700.00 56,52,100.00
Total Segment Revenue 4,03,14,100.00 7,79,75,500.00
Less: Inter segment revenue 40,87,300.00 77,23,000.00
Revenue from operations 3,62,26,800.00 7,02,52,500.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Oil to Chemicals (O2C) 22,34,700.00 36,51,700.00
2 Oil and Gas 3,94,100.00 7,82,900.00
3 Retail 4,30,000.00 8,82,900.00
4 Digital Services 14,24,900.00 27,81,300.00
5 Others 1,45,400.00 1,97,700.00
Total Profit before tax 46,29,100.00 82,96,500.00
i. Finance cost 8,48,100.00 16,81,800.00
ii. Other Unallocable Expenditure net off Unallocable income (80,300.00) (3,09,600.00)
Profit before tax 38,61,300.00 69,24,300.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Oil to Chemicals (O2C) 5,57,46,900.00 5,57,46,900.00
2 Oil and Gas 28,93,200.00 28,93,200.00
3 Retail 2,71,46,500.00 2,71,46,500.00
4 Digital Services 6,42,83,300.00 6,42,83,300.00
5 Others 4,22,73,000.00 4,22,73,000.00
Total Segment Asset 19,23,42,900.00 19,23,42,900.00
Un-allocable Assets 3,51,60,400.00 3,51,60,400.00
Net Segment Asset 22,75,03,300.00 22,75,03,300.00
4 Segment Liabilities
Segment Liabilities
1 Oil to Chemicals (O2C) 2,63,02,400.00 2,63,02,400.00
2 Oil and Gas 11,04,900.00 11,04,900.00
3 Retail 1,07,01,400.00 1,07,01,400.00
4 Digital Services 2,22,85,100.00 2,22,85,100.00
5 Others 99,52,100.00 99,52,100.00
Total Segment Liabilities 7,03,45,900.00 7,03,45,900.00
Un-allocable Liabilities 15,71,57,400.00 15,71,57,400.00
Net Segment Liabilities 22,75,03,300.00 22,75,03,300.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) 1. Q2 FY27 Segment Revenue includes Rs 29,407 crore GST recovered. Net Revenue is Rs 332,861 crore. 2. H1 FY27 Segment Revenue includes Rs 57,814 crore GST recovered. Net Revenue is Rs 644,711 crore. 3. Oil to Chemicals (O2C) , Digital Services and Retail results includes Interest income pertaining to the respective segments.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss (2,000.00) 1,28,500.00
Total Amount of items that will not be reclassified to profit and loss (2,000.00) 1,28,500.00
2 Income tax relating to items that will not be reclassified to profit or loss (1,300.00) 16,700.00
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit or loss (1,48,700.00) 95,300.00
Total Amount of items that will be reclassified to profit and loss (1,48,700.00) 95,300.00
4 Income tax relating to items that will be reclassified to profit or loss (33,000.00) (3,200.00)
5 Total Other comprehensive income (1,16,400.00) 2,10,300.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 69,24,300.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 16,81,800.00
Adjustments for decrease (increase) in inventories (18,53,900.00)
Adjustments for decrease (increase) in trade receivables, current (5,53,800.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 19,03,900.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 30,41,500.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (1,97,200.00)
Adjustments for dividend income 4,700.00
Adjustments for interest income 8,10,500.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (2,14,900.00)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 29,92,200.00
Net cash flows from (used in) operations 99,16,500.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 6,11,000.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 93,05,500.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 6,02,28,600.00
Other cash payments to acquire equity or debt instruments of other entities 5,84,02,500.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 8,000.00
Purchase of property, plant and equipment 52,81,300.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 4,700.00
Interest received 5,86,100.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (2,63,800.00)
Net cash flows from (used in) investing activities (31,20,200.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 25,67,700.00
Repayments of borrowings 17,61,200.00
Payments of lease liabilities 4,17,700.00
Dividends paid 8,12,000.00
Interest paid 21,87,500.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (26,10,700.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 35,74,600.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 35,74,600.00
Cash and cash equivalents cash flow statement at beginning of period 1,45,97,700.00
Cash and cash equivalents cash flow statement at end of period 1,81,72,300.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Deloitte Haskins & Sells LLP Yes 31-07-2027
2 Chaturvedi & Shah LLP Yes 30-06-2029