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Reliance Industries shares flying! Massive Monday jump for RIL stock - 6% surge strong Q2 results | Book profit or wait?

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In short

The industrial conglomerate reported strong quarterly growth, with consolidated profit after tax increasing 33.8% year-on-year to ₹29,550 crore alongside record EBITDA. The dominant oil-to-chemicals division led the gains as regional tensions and higher Dated Brent crude prices boosted refining margins. Diversified procurement and flexible product placement enabled the company to achieve its highest-ever crude processing volumes during the period. On the back of these figures, company equity gained nearly 6% to reach an intraday high of ₹1,237.30 on the National Stock Exchange.

Key points

  • Expanding global fuel cracks and elevated Brent crude prices heavily strengthened profita…: Expanding global fuel cracks and elevated Brent crude prices heavily strengthened profitability in the energy division.
  • Total consolidated revenue reached ₹3,62,268 crore as overall company EBITDA established…: Total consolidated revenue reached ₹3,62,268 crore as overall company EBITDA established a new record of ₹62,409 crore.
  • Flexible product placement and diversified crude sourcing allowed the conglomerate to pro…: Flexible product placement and diversified crude sourcing allowed the conglomerate to process record oil volumes during the quarter.

Sources checked by our analysis pipeline: 1

Reliance Industries share price surged as much as 5.91% in Monday's trading session after the Mukesh Ambani-led oil-to-telecom conglomerate reported strong set of numbers during the July-September quarter FY27.

RIL stock opened at ₹1,228.10 apiece on NSE today, as compared to previous close of ₹1,164.90 last week on Friday and touched an intraday high of ₹1,237.30 on 2 November.

Reliance Industries Ltd (RIL) reported a 33.8% year-on-year (YoY) growth in consolidated profit after tax (PAT), including its share of associates and joint ventures, at ₹29,550 crore for Q2FY27, compared with ₹22,092 crore in the corresponding quarter last year. Net profit attributable to the company's shareholders increased 40% YoY to ₹25,548 crore.

The company's consolidated revenue rose 27.8% YoY to ₹3,62,268 crore, while EBITDA increased 23.9% to a record ₹62,409 crore. The latest quarterly profit also surpassed the ₹23,196 crore recorded in the previous quarter, marking a fresh high for India's largest listed company by market capitalisation.

The oil-to-chemicals (O2C) segment was the biggest contributor to earnings growth, supported by stronger global transportation fuel cracks and an improvement in petrochemical margins.…

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