RIL Q1 revenue decreased 22% as a consequence of inclusion of Asian Paints revenue in the identical interval final yr

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Reliance’s June quarter of FY26 included an uncommon achieve of Rs 8,924 crore from stake sale in Asian Paints Ltd, which was unfavorable year-on-year. File | Photograph credit score: Reuters

Reliance Industries on Friday (July 17, 2026) introduced a 22 per cent year-on-year decline in consolidated web revenue for the June quarter as revenue in the identical interval a yr earlier was boosted by a one-time achieve from the sale of stake in Asian Paints Ltd.

The corporate’s web revenue attributable to homeowners was $294.6 billion within the quarter ended June 30, in contrast with $26.994 billion a yr earlier, in keeping with inventory change filings.

Reliance’s June quarter of FY26 included an uncommon achieve of Rs 8,924 crore from stake sale in Asian Paints Ltd, which was unfavorable year-on-year.

Excluding one-time positive aspects, working outcomes continued to be supported by regular contributions from petrochemicals, retail, digital companies and upstream companies, whereas the corporate continued to put money into new power initiatives.

The corporate’s working income and EBITDA have been supported by resilient efficiency throughout its main enterprise segments regardless of a difficult world macroeconomic setting.

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