Reliance Industries Shares Decline After Marginal Q3 Profit Growth and Mixed Segment Performance

Shares of Reliance Industries fell over 3.3 percent following its Q3 FY26 earnings announcement, which showed a marginal 0.6 percent rise in consolidated net profit to Rs 18,645 crore. Revenue grew 10.5 percent to Rs 2.69 lakh crore, but operating margins declined due to higher costs. The retail segment reported subdued growth with slight profit and margin declines, while Jio Platforms posted strong profit and margin improvements, partially offsetting weaknesses in other areas.