Reliance Industries Limited reports 24.5% consolidated revenue increase in FY27 Q1

Reliance Industries Limited reported a 24.5% increase in its consolidated revenue to Rs 340,257 crore in the first quarter of the 2027 financial year as Reliance Retail’s revenue from operations grew by 8.2% year on year to Rs 79,745 crore.

 
“Reliance has made a steady start to FY27, with all businesses delivering strong operating performance,” said Reliance Industries Limited’s chairman and managing director Mukesh D Ambani in a press release on Friday. “Our diverse business portfolio has once again demonstrated its resilience in a quarter which witnessed continuing geopolitical tensions and volatile commodity markets.”
 
Reliance’s earnings before interest, tax, depreciation, and amortisation came in at Rs 54,067 crore on a recurring basis, representing a 10.1% year on year increase. The business also reported profits after tax totalling Rs 23,196 crore, up 6.1% compared to the first quarter of the 2026 financial year.

“Reliance Retail delivered resilient growth this quarter, with steady performance across all consumption formats and channels,” said Ambani. “Our omni-channel presence continues to serve millions of Indian consumers, and I am confident that it is well placed to benefit from India’s long term consumption growth. The consumer products business is growing rapidly with the portfolio of FMCG brands gaining real traction with Indian consumers. RCPL has more than doubled its revenues as compared to the previous year.”
 
Reliance Retail’s fashion and lifestyle business saw its own brands continue to gain traction with customers with the category’s contribution up 380 bps year on year. The quarter saw digital commerce contribute 27.3% to apparel and footwear revenue, up by 490 bps year on year, with Ajio Rush reporting notable growth since its recent launch with 136% quarter over quarter growth. The business’ Ajio Luxe platform now hosts over 1,000 brands and the business reported over 30 million installs for its Shein shopping app for India.
 
“Reliance Retail delivered resilient performance in Q1 FY27, with growth across the key consumption baskets,” said Reliance Retail Ventures Limited’s executive director Isha M Ambani. “Our continued investment in digital commerce underscores the transformative power of our digital platforms. Our expanding customer base, widest store network, and growing omni-channel capabilities position us well to continue fulfilling every need, every dream, for every Indian, every day.”