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Reliance Q2 Results 2026 today: RIL near 52-week low; buy Mukesh Ambani-owned stock? Experts sees 23% YoY profit growth

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In short

Market experts forecast that the conglomerate's quarterly net profit could exceed ₹22,000 crore, reflecting a year-on-year rise of 16% to 23%. This strong operational performance is propelled by an estimated 38% to 47% EBITDA expansion in the Oil-to-Chemicals division, bolstered by robust refinery margins and the absence of windfall taxes. However, the retail arm is projected to deliver subdued results because of margin pressures tied to digital commerce spending. Meanwhile, technical indicators suggest the stock has formed a reliable base around ₹1,145 ahead of the official earnings release.

Key points

  • Margin pressures from ongoing digital commerce investments are expected to keep Reliance…: Margin pressures from ongoing digital commerce investments are expected to keep Reliance Retail's overall quarterly performance subdued.
  • Technical analysts advise that the equity has established a support base around ₹1,145, r…: Technical analysts advise that the equity has established a support base around ₹1,145, recommending a strict stop-loss at that level.
  • Short-term upside price targets for the conglomerate's stock have been identified at ₹1,2…: Short-term upside price targets for the conglomerate's stock have been identified at ₹1,265, ₹1,290, and ₹1,350.

Sources checked by our analysis pipeline: 1

Reliance Industries Q2 Results 2026 Today: As Mukesh Ambani-led Reliance Industries Ltd (RIL) is set to declare its Q2 Results 2026 today, Reliance shares continue to trade around a 52-week low. Shares of Reliance Industries Ltd (RIL) today opened higher at ₹1,170.40 on the NSE, but soon came under selling pressure and touched an intraday low of ₹1,161.50, close to the 52-week low of ₹1,152.20. The Mukesh Ambani-owned stock traded weakly ahead of the Q2FY27 earnings, despite market estimates of strong YoY growth in Reliance's net profit.

According to market experts, Reliance Industries may report a net profit of more than ₹22,000 crore during the September 2026 quarter. They are estimating net profit in the range of 16% to 23% and attribute the rise in net profit to improved Oil-to-Chemicals (O2C). However, they are expecting muted Q2 numbers for Reliance Retail.

Speaking on Reliance Industries Q2 Results 2026 expectations, Avinash Gorakshkar, Founder of Avinash Mentor Research, said, “The market is expecting a huge growth in RIL's net profit due to the improvement in its O2C business. Reliance's net profit is…

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