Reliance Reports Record FY26 Profit, Secures Financing, Ambani Forgoes Salary Again
Reliance Industries Ltd (RIL) reported record consolidated net profit of Rs 95,754 crore in FY26, driven by strong growth in digital services, retail, and oil-to-chemicals segments. The company secured landmark overseas financing deals, including the largest Samurai loan by an Indian corporate, and received an S&P Global Ratings upgrade to A-. Chairman Mukesh Ambani voluntarily forwent his salary for the sixth consecutive year despite the company's robust financial performance. RIL also operationalized its clean energy giga complex and increased its contribution to the national exchequer to Rs 2.16 lakh crore.