Business1 min read

RIL, JPL Q2 results 2026 impact: Reliance Industries, Jio Platforms shares in focus on Monday 2 Nov - What to expect?

By · Published by Everything Blog

In short

Reliance Industries delivered a 33.8% surge in consolidated net profit, reaching ₹29,550 crore as total revenue expanded to ₹3,62,268 crore. The earnings momentum weathered a 24.3% profit contraction within Reliance Retail Ventures thanks to strong operational rebounds in traditional energy verticals. At the same time, Jio Platforms accelerated its post-listing momentum with improved digital metrics, reporting ₹8,387 crore in quarterly profit alongside an expanding average revenue per user of ₹218.8.

Key points

  • Total revenue for Reliance Industries advanced by 27.8% year-on-year to reach ₹3,62,268 c…: Total revenue for Reliance Industries advanced by 27.8% year-on-year to reach ₹3,62,268 crore during the second quarter.
  • Jio Platforms secured a market valuation of approximately ₹13.1 lakh crore after debuting…: Jio Platforms secured a market valuation of approximately ₹13.1 lakh crore after debuting at a 26.7% premium.
  • The newly listed digital firm now stands as the second-largest corporate entity by market…: The newly listed digital firm now stands as the second-largest corporate entity by market capitalisation within the Reliance Group.

Sources checked by our analysis pipeline: 1

Reliance Industries and Jio Platforms are set to be in the spotlight on Monday after announcing their Q2 FY27 results, with investors assessing the earnings impact on both stocks.

The results mark an important milestone for recently listed Jio Platforms, which has become the second-largest listed entity in the Reliance Group by market capitalisation, after Reliance Industries

The market reaction on Monday will offer the first indication of how investors are evaluating the two companies’ latest quarterly performance.

Reliance Industries Ltd reported a record consolidated profit after tax (PAT) of ₹29,550 crore for the July-September quarter (Q2 FY27), marking a 33.8% increase from ₹22,092 crore in the year-ago period. Revenue rose 27.8% year-on-year (YoY) to ₹3,62,268 crore, while EBITDA increased 23.9% to a record ₹62,409 crore.

The strong performance was primarily driven by a recovery in the oil-to-chemicals (O2C) business, where EBITDA surged 67.9% to ₹25,203 crore, supported by higher global fuel margins and improved petrochemical spreads. O2C revenue increased 44.2% to ₹2,31,601 crore, with supply disruptions in West Asia and other regions pushing transportation fuel cracks higher.

Digital services…

Business