Reliance Industries Limited has released its investor presentation for the quarter and nine months ended December 31, 2025. The company reported consolidated revenue of ₹2,93,829 crore, an increase of 10.0% year-on-year. Consolidated EBITDA stood at ₹50,932 crore, up 6.1% year-on-year. Profit After Tax (PAT) was ₹22,290 crore, a marginal increase of 1.6% year-on-year, impacted by higher finance costs and depreciation.

The Oil to Chemicals (O2C) segment saw a 14.6% rise in EBITDA to ₹16,507 crore, driven by strong fuel cracks. Digital Services EBITDA grew by 16.1% to ₹19,325 crore, fueled by subscriber additions. The Retail business reported EBITDA of ₹6,915 crore, with its hyper-local commerce segment showing significant growth. The FMCG segment, which includes the recently demerged RCPL, reported gross revenue of ₹5,065 crore in Q3 FY26, a 60% year-on-year increase.

For the nine months ended December 31, 2025, consolidated revenue was ₹8,50,629 crore, up 8.6% year-on-year, and EBITDA was ₹1,59,323 crore, an increase of 18.3% year-on-year. PAT for the nine months stood at ₹75,165 crore, up 28.1% year-on-year.

The company's balance sheet remains strong, with a Net Debt to LTM EBITDA ratio of 0.56x. Reliance Industries also noted a credit rating upgrade by S&P to 'A-', highlighting improved earnings stability and growth prospects. Jio Platforms reported a 13% YoY growth in revenue from operations to ₹37,262 crore and an 16.4% YoY growth in EBITDA to ₹19,303 crore.