Reliance Industries reported a mixed performance for the March quarter, with a 8.9% year-on-year decline in consolidated profit after tax, amounting to ₹20,589 crore in Q4 FY26. Despite this decline, the company's gross revenue rose by 12.9% YoY to reach ₹325,290 crore, driven by strong growth in its oil-to-chemicals (O2C), digital services, and retail businesses. The profit before tax also fell, down 6.6% YoY to ₹27,195 crore. The EBITDA remained stable at ₹48,588 crore, supported by strong earnings in digital services and retail, although the energy sector faced challenges due to a natural decline in gas production from the KG-D6 field. For the full fiscal year FY26, the profit after tax rose 17.8% YoY to ₹95,754 crore, with gross revenue increasing 9.8% YoY to ₹11,75,919 crore. Chairman Mukesh Ambani noted that the company navigated a challenging macro environment, leveraging its diversified portfolio. The Jio Platforms segment reported a 12.7% YoY revenue growth, while Reliance Retail saw a 10.8% increase in revenue, demonstrating the company's resilience in the face of external pressures.