Reliance Q1 Results: Mukesh Ambani led company to declare Q1FY26 earnings on…, what to expect on dividend, revenue?

Reliance Industries Ltd (RIL) will be in focus next week as it will announce its June 2025 quarterly earnings on July 18. The company’s stock performance is expected to have a major influence on broader market sentiment. Apart from RIL, its subsidiaries Reliance Jio and Reliance Retail will also declare their Q1FY26 results.

Reliance Industries (RIL) Q1 Results Date

In its regulatory filing, Reliance Industries said, “A meeting of the Board of Directors of the Company is scheduled to be held on Friday, July 18, 2025, inter alia, to consider and approve the standalone and consolidated unaudited financial results of the Company for the quarter ended June 30, 2025.” Accordingly, Reliance Retail and Reliance Jio will also declare their quarterly report on July 18.

Reliance Q1 Results 2025 Expectations

Mukesh Ambani’s megatron is expected to report double-digit growth in its operating profit in Q1FY26 on a consolidated basis, with EBITDA likely to surge in O2C, digital and retail segment. Meanwhile, the bottom line is expected to be driven by one-off gains. “We expect consolidated EBITDA to rise 15.4% yoy (up 2.1% qoq) with 19-20% yoy EBITDA increase for O2C, digital and retail segments, partly offset by oil & gas (down 7.5% yoy). Despite the refinery shutdown in 1Q, O2C EBITDA will rise 3.5% qoq (19% yoy on low base) on better margins,” said Kotak Institutional Equities in its note.

“We expect consolidated EBITDA to rise 15.4% yoy (up 2.1% qoq) with 19-20% yoy EBITDA increase for O2C, digital and retail segments, partly offset by oil & gas (down 7.5% yoy). Despite the refinery shutdown in 1Q, O2C EBITDA will rise 3.5% qoq (19% yoy on low base) on better margins,” said Kotak Institutional Equities in its note.

They said, “Reported PAT will be boosted by one-off gains of ~Rs90 bn (post-tax) on Asian Paints stake sale.” Also, after a muted FY25, CLSA anticipates a notable improvement across all Reliance’s businesses from 1Q onwards, which could trigger excitement in the stock. The drag in performance last year was partially due to operational streamlining in its retail operations, which is now over. For FY25, Reliance posted gross revenue of Rs 1,071,174 crore, rising by 7.1% YoY. Moreover, for the fiscal, the giant’s Profit After Tax and Share of Profit/(Loss) of Associates & JVs increased by 2.9% Y-o-Y to Rs 81,309 crore ($ 9.5 billion.

Reliance Q1 Results 2025 Dividend 

Investors are particularly curious whether Mukesh Ambani’s conglomerate will declare its first dividend for 2025, especially after rewarding shareholders with a 1:1 bonus issue during Diwali last year. So far in 2025, Reliance hasn’t announced any dividend or other shareholder incentives.

As per the regulatory filing, the company has only notified the stock exchanges about the Q1FY26 result date. No information has been shared yet regarding dividends or other benefits. 

RIL is projected to post double-digit growth in consolidated operating profit for the June quarter. Analysts expect a strong uptick in EBITDA, driven by robust performance in the oil-to-chemicals (O2C), digital, and retail segments.

Reliance has a consistent history of dividend payouts, having issued 24 dividends since May 2003, according to data from Trendlyne. 

Dividend yield (adjusted for bonus/splits): ~0.33% and Unadjusted dividend yield: ~0.67%

The last major shareholder reward came in the form of a 1:1 bonus issue, with the ex-date on October 28, 2024  meaning eligible investors received 1 bonus share for every 1 share held.

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