Reliance Industries stock falls 2.31 percent to a 52-week low

Published on 09/24/2026 at 16:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Reliance Industries stock posted Q1 FY27 revenue of INR 311,850 crore, up 25.4 percent year over year. Owner profit fell 22.4 percent to INR 20,946 crore.

Reliance, INE002A01018, Illustration mit AI erstellt.

Reliance Industries stock (ISIN INE002A01018) fell 2.31 percent to INR 1,219.20 on the NSE on September 24, 2026, matching its 52-week low. The move puts the conglomerate's current market value at INR 16,498,804,092,902 while investors weigh rising revenue against weaker attributable profit.

Revenue rises 25.4 percent

Reliance Industries reported Q1 FY27 revenue from operations of INR 311,850 crore, up 25.4 percent from INR 248,660 crore in Q1 FY26. The figures were reported in a results summary by StockGro for the quarter ended June 30, 2026.

Revenue also increased 4.4 percent from INR 298,621 crore in the preceding quarter. That sequential gain gives the top line a stronger position than the share price alone suggests, but it does not remove the pressure on earnings quality.

Profit drops 22.4 percent

Net profit attributable to owners fell 22.4 percent year over year to INR 20,946 crore in Q1 FY27 from INR 26,994 crore. Consolidated profit after tax stood at INR 23,196 crore, down 24.6 percent from the year-earlier period, according to StockGro.

The earnings comparison is therefore mixed in a precise way: revenue expanded by INR 63,190 crore, while owner profit declined by INR 6,048 crore. For investors, that gap makes segment profitability and capital allocation more important than headline revenue growth.

Stock tests yearly low

Reliance Industries stock stood at INR 1,219.20 on the NSE on September 24, 2026, down INR 28.80 from the previous close of INR 1,248.00. The 52-week range was INR 1,219.20 to INR 1,611.80, leaving the latest quote at the lower boundary.

The company's proposed Jio Platforms IPO remains a strategic milestone. Fortune India reported that Jio Platforms received SEBI's observation letter on August 28, 2026, after filing its draft prospectus.