Reliance Industries Will Double Every 4-5 Years: What Mukesh Ambani Said in Q1FY26 Earnings Presentation

On Friday, July 18, Mukesh Ambani’s Reliance Industries, a major player in oil, telecom, and retail, announced its financial results for the quarter ended June 30, 2025, revealing a 76 percent increase in consolidated profit after tax (PAT) compared to the same quarter in the previous year. During the earnings presentation, Mukesh Ambani, the company chairman, emphasized Reliance’s robust performance and future growth strategies.

Mukesh Ambani, the Reliance Industries chairman, outlined five significant points during the earnings presentation:

On Q1 FY26 results

Commending RIL’s performance for the quarter from April to June, Mukesh Ambani stated, “Reliance has commenced FY26 with robust, all-round operational and financial results. Despite considerable fluctuations in the global macroeconomic scenario, consolidated EBITDA for Q1 FY26 has shown marked improvement compared to the same period last year.”

The Oil-to-Chemicals sector continues to thrive despite volatility in crude oil prices.

Despite increasing uncertainty in global energy markets and volatility in crude oil prices, the oil-to-chemicals sector has performed strongly, driven primarily by strong domestic demand.

Mukesh Ambani said, “During the quarter, energy markets faced extreme uncertainty, and crude oil prices witnessed sharp volatility. Our O2C business achieved strong growth, driven by an emphasis on meeting domestic demand and providing value-added solutions through the Jio-BP network.

Improvement in fuel and downstream product margins also supported the performance.”

Focus on domestic FMCG brands

Speaking on Reliance’s retail division, Mukesh Ambani said, “Retail’s business performance has driven the growth of the customer base to 358 million.” He further added, “We are focused on strengthening our portfolio of FMCG brands that suit the preferences of Indian consumers.”

Jio’s growth
Mukesh Ambani lauded the growth of Jio, which has crossed 20 crore 5G subscribers and 2 crore home connections.
“I am happy to share that Jio has touched new heights during this quarter, including crossing the 20 crore 5G subscribers and 2 crore home connections mark. Jio AirFibre is now the world’s largest FWA service provider with 74 lakh subscribers,” he said.

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