Reliance Q2 Results: Jio Grows While Retail Profits Dip
TL;DR
- Jio Platforms expanded its digital business during the second quarter.
- Jio's Average Revenue Per User increased to Rs 218.8.
- The total subscriber base for Jio reached 542.4 million.
- Reliance Retail experienced a 6.67% sequential profit decline.
Reliance Industries released its second-quarter performance metrics, highlighting mixed results across its major business segments. While the oil-to-chemicals sector saw strong performance, other divisions experienced varying conditions.
Jio Platforms continued its expansion in the digital space, lifting its subscriber count to 542.4 million. Additionally, the digital services arm recorded an increase in its Average Revenue Per User, reaching Rs 218.8.
In contrast, the retail sector faced headwinds during the period. According to the reports, Reliance Retail posted a 6.67% drop in profit compared to the previous sequential period.
Why It Matters
This financial scorecard provides key insights into the performance of major sectors within Reliance Industries, highlighting growth in digital services alongside profitability challenges in the retail division.
Oct 31, 2026 · Updated 10/31/2026, 7:58:33 AM · Reported with: NDTV Profit
Sources (1)
NRI Bytes writes its own articles from the reporting below.
NDTV Profit — Reliance Q2 Scorecard: O2C Roars, Jio Expands, Retail Feels The Pinch — 10 Key Takeaways