The country's largest company Reliance Industries' Q3 results came out, profit crossed Rs 18600 crore.:RIL Q3 Results: Mukesh Ambani-led RIL announced its results for the December quarter of the financial year 2026 on Friday evening, January 16. The company's profit and revenue both increased.

News Topical, Digital Desk : RIL Q3 Results: Reliance Industries Limited (RIL), the country's largest company, announced its quarterly results on Friday, January 16. For the quarter ended December 2025, the company reported a consolidated net profit of ₹18,645 crore (₹18,640 crore), compared to ₹18,540 crore (₹18,540 crore) in the same period a year earlier. This represents a 0.56 percent increase. Compared to the second quarter, it saw a 2.64 percent increase.

There was also a jump in revenue

RIL's operating revenue increased 10.5% year-on-year to ₹2,69,496 crore (US$2.7 billion), compared to ₹2,43,865 crore (US$2.4 billion) in the same period last year. This increase in revenue was driven by strong performance in the digital services and retail segments. This is a 4% increase from ₹2,58,898 crore (US$2.5 billion) in the second quarter of FY2025-26. Similarly, EBITDA increased 6.1% year-on-year to ₹50,932 crore (US$5.7 billion), compared to ₹48,003 crore (US$4.7 billion) in the December quarter last year.

Oil-to-chemical business also improved

Revenue from the oil-to-chemicals (O2C) business increased 8.4% year-over-year. The company's production increased 1.7% compared to the same quarter last year. Additionally, through Jio-BP, the company expanded its network by 14% to 2,125 outlets compared to the December quarter of last year.

The oil-to-chemicals business's EBITDA increased 14.6% year-over-year. Overall, the oil-to-chemicals business segment saw significant earnings improvement in the December quarter. The company is expanding margins by purchasing crude oil and converting it into fuel, which is reflecting in earnings.

How was the oil and gas segment?

In the December quarter, the oil and gas segment's revenue declined 8.4% compared to the previous year. Lower revenue and higher operating costs due to maintenance activities resulted in a 12.7% year-over-year decline in EBITDA.

Reliance Retail

Within the retail business, Reliance Retail also performed well in the December quarter. EBITDA increased marginally to ₹6,915 crore, with an EBITDA margin of 8.0%.

Jio Platforms

In the telecom segment, Jio Platforms' EBITDA grew 16.4% year-on-year, driven by increased revenue and operating leverage, which led to a 170 bps increase in margins.