Reliance Industries Declares ₹6 Dividend Amid Q4 Profit Decline
Reliance Industries Q4 Results: Board declares dividend of ₹6 per share. Details here
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Reliance Industries, India's leading company by market capitalization, announced a dividend of ₹6 per share for FY26, pending shareholder approval. In Q4, the company reported a 12.6% year-on-year decline in net profit to ₹16,971 crore, despite an increase in annual profits to ₹80,775 crore.
- 01Reliance Industries declared a dividend of ₹6 per share for FY26.
- 02Q4 net profit dropped 12.6% year-on-year to ₹16,971 crore.
- 03Annual net profit increased by 16% to ₹80,775 crore.
- 04Consolidated revenue for Q4 reached ₹2,98,621 crore.
- 05The decline in profits was attributed to weaknesses in the oil-to-chemicals segment.
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Reliance Industries Limited, the most valuable company in India by market capitalization, announced a dividend of ₹6 per fully paid-up equity share for the financial year ending March 31, 2026, which requires approval from shareholders at the upcoming Annual General Meeting (AGM). In its financial results for the March quarter, the company reported a 12.6% year-on-year decline in consolidated net profit, which fell to ₹16,971 crore from ₹19,420 crore in the same quarter last year. This decline was primarily due to challenges in its core oil-to-chemicals business, despite growth in its telecom and retail sectors. Sequentially, profit also decreased from ₹18,645 crore in the previous quarter. However, for the full fiscal year, Reliance Industries reported a 16% increase in net profit to ₹80,775 crore, up from ₹69,648 crore in FY25, while its consolidated revenue from operations surged to ₹11,75,919 crore, compared to ₹10,71,174 crore in the prior year.
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The dividend declaration may provide a financial boost to shareholders, while the profit decline could impact investor sentiment and stock performance.
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