Press Release

July 17, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra - Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 500325 Trading Symbol: RELIANCE Dear Sirs, Sub: Media Release - Consolidated and Standalone Unaudited Financial Results for the quarter ended June 30, 2026 In continuation of our letter of today’s date on the Consolidated and Standalone Unaudited Financial Results for the quarter ended June 30, 2026, we attach a copy of Media Release being issued by the Company. The Consolidated and Standalone Unaudited Financial Results for the quarter ended June 30, 2026, approved by the Board of Directors and the Media Release thereon are also available on the website of the Company at https://www.ril.com/investor/resource- center/corporate-announcements. This is for information and records. Thanking you Yours faithfully, For Reliance Industries Limited Savithri Parekh Company Secretary and Compliance Officer Encl.: as above Copy to: Luxembourg Stock Exchange Singapore Exchange Limited 35A Boulevard Joseph II 2 Shenton Way, #02-02 SGX Centre 1, L-1840 Luxembourg Singapore 068804 Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail: investor.relations@ril.com, Website: www.ril.com CIN- L17110MH1973PLC019786 Media Release 17th July, 2026 CONSOLIDATED RESULTS FOR QUARTER ENDED 30TH JUNE, 2026 Consolidated Revenue at ₹ 340,257 crore, up 24.5% Y-o-Y Record quarterly Consolidated EBITDA on recurring basis at ₹ 54,067 crore, up 10.1% Y-o-Y Record quarterly Consolidated PAT on recurring basis at ₹ 23,196 crore, up 6.1% Y-o-Y JPL Record EBITDA at ₹ 20,865 crore, up 15.1% Y-o-Y JPL Record EBITDA margin at 53.3%, up 150 bps Y-o-Y Jio total subscriber base of over 533 million with 285 million Jio True5G subscribers JPL emerged as one of the fastest rising innovators globally as per PCT Rankings of WIPO Robust O2C performance with EBITDA up 17.2% Y-o-Y at ₹ 17,010 crore CONSOLIDATED FINANCIAL HIGHLIGHTS (₹ in crore) Sr. Particulars 1Q 4Q 1Q % chg. FY26 No. FY27 FY26 FY26 Y-o-Y 1 Gross Revenue 340,257 325,290 273,252 24.5 1,175,919 2 EBITDA 54,067 48,588 49,100 10.1 207,911 3 EBITDA margin (%) 15.9 14.9 18.0 (210 bps) 17.7 4 Depreciation 15,100 14,808 13,842 9.1 57,688 5 Finance Costs 8,337 6,585 7,036 18.5 27,061 6 Profit Before Tax 30,630 27,195 28,222 8.5 123,162 7 Tax Expenses 7,629 6,579 6,465 18.0 27,552 8 Profit After Tax 23,001 20,616 21,757 5.7 95,610 9 Share of Profit/(Loss) of Associates & 195 (27) 102 - 144 10 Profit After Tax and Share of 23,196 20,589 21,859 6.1 95,754 Profit/(Loss) of Associates & JVs 11 Capital Expenditure# 38,682 40,560 29,875 144,271 12 Outstanding Debt 369,705 374,421 338,432 374,421 13 Cash & Cash Equivalents 246,791 249,704 220,851 249,704 14 Net Debt 122,914 124,717 117,581 124,717 15 Net Debt to EBITDA* 0.57 0.64 0.60 0.60 1Q FY26 EBITDA excludes ₹ 8,924 crore being proceeds of profit from sale of listed investments for comparison Inclusive of ₹ 8,924 crore in 1Q FY26, Y-o-Y EBITDA is lower by 6.8% and Profit After Tax and Share of Profit/(Loss) of Associates & JV is lower by 24.6% # Excluding amount incurred towards spectrum * Annualized Registered Office: Corporate Communications: Telephone : (+91 22) 3555 5000 Maker Chambers IV Maker Chambers IV Telefax : (+91 22) 3555 5185 3rd Floor, 222, Nariman Point 9th Floor, Nariman Point Internet : www.ril.com; investor.relations@ril.com Mumbai 400 021, India Mumbai 400 021, India CIN : L17110MH1973PLC019786 Page 1 of 20 Media Release Quarterly Performance (1Q FY27 vs 1Q FY26) • Gross Revenue increased by 24.5% Y-o-Y to ₹ 340,257 crore ($ 35.9 billion). JPL revenue increased by 12.0% Y-o-Y driven by continued subscriber market share gains, ARPU increase and strong growth in digital services. RRVL revenue increased by 7.4% Y-o-Y to ₹ 90,408 crore, led by broad-based growth across consumption baskets and scaling of Digital Commerce Platforms with increasing contribution to revenue. Gross revenue adjusted for RCPL demerger grew at 11.6% Y-o-Y. Oil to Chemicals (O2C) revenue increased by 30.4% Y-o-Y. This was largely driven by sharp increase in crude prices partially offset by lower production meant for sale. Oil and Gas segment revenue increased by 3.2% Y-o-Y with higher realization on KG D6 oil / condensate and favourable exchange rate movement. Increased CBM gas production and realisation further aided growth; partly offset by lower KG D6 gas production and price realisation. • EBITDA increased by 10.1% Y-o-Y to ₹ 54,067 crore ($ 5.7 billion). JPL EBITDA increased by 15.1% Y-o-Y driven by strong revenue growth, operating leverage and margin expansion of 150 bps. RRVL EBITDA decreased 1.1% Y-o-Y to ₹ 6,309 crore with an EBITDA margin of 7.9%. Margin moderation of 80 bps reflects investment in Digital Commerce. O2C EBITDA increased by 17.2% Y-o-Y due to stronger transportation fuel cracks and favourable downstream margin. Earnings were impacted by costlier feedstock sourcing and lower production due to planned turnaround. Oil and Gas segment EBITDA stable on Y-o-Y basis aided by strong contribution from improved realization on KG D6 liquids. • Depreciation increased by 9.1% Y-o-Y to ₹ 15,100 crore ($ 1.6 billion), largely on account of higher depreciation in Digital Services with capitalisation of 5G assets. • Finance Costs increased by 18.5% Y-o-Y to ₹ 8,337 crore ($ 881 million), largely due to higher liability balances and capitalisation of 5G assets. • Tax Expenses increased by 18.0% Y-o-Y at ₹ 7,629 crore ($ 806 million). • Profit After Tax and Share of Profit/(Loss) of Associates & JVs increased by 6.1% Y-o-Y to ₹ 23,196 crore ($ 2.5 billion). • Capital Expenditure for the quarter ended 30th June 2026, stood at ₹ 38,682 crore ($ 4.1 billion). The Company continued to make significant progress on projects in O2C and New Energy business. The Company is also investing in strengthening and expanding consumer business infrastructure and reach. Registered Office: Corporate Communications: Telephone : (+91 22) 3555 5000 Maker Chambers IV Maker Chambers IV Telefax : (+91 22) 3555 5185 3rd Floor, 222, Nariman Point 9th Floor, Nariman Point Internet : www.ril.com; investor.relations@ril.com Mumbai 400 021, India Mumbai 400 021, India CIN : L17110MH1973PLC019786 Page 2 of 20 Media Release Commenting on the results, Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited said: “Reliance has made a steady start to FY27, with all businesses delivering strong operating performance. Our diverse business portfolio has once again demonstrated its resilience in a quarter which witnessed continuing geopolitical tensions and volatile commodity markets. The Digital Services business continued its growth momentum during the quarter. Jio’s performance across mobility, home broadband and enterprise services remained strong, driving healthy earnings growth of 15% Y-o-Y. During the quarter, Jio Platforms Limited filed its DRHP with SEBI, a significant step towards its public listing. The upcoming IPO will be an important milestone in Jio’s journey and will give investors an opportunity to participate in India’s digital growth story. Reliance Retail delivered resilient growth this quarter, with steady performance across all consumption formats and channels. Our omni-channel presence continues to serve millions of Indian consumers and I am confident that it is well placed to benefit from India’s long term consumption growth. The consumer products business is growing rapidly with the portfolio of FMCG brands gaining real traction with Indian consumers. RCPL has more than doubled its revenues as compared to the previous year. The O2C business delivered strong performance during the quarter, supported by all-time high middle distillate cracks and improved downstream petrochemical [Showing first 8,000 characters — download PDF for full document]