Reliance Industries Recommends ₹6 Dividend for FY26 Despite 12% Profit Drop in Q4 FY26 Results

Reliance Industries has recommended a final dividend of ₹6 per equity share (face value ₹10) for FY26. The payout will be subject to shareholder approval at the upcoming Annual General Meeting, whose date and record date are yet to be announced. The company has maintained its long-standing practice of declaring a single final dividend each year. In FY25, it paid ₹5.5 per share.
Reliance Industries Q4 Profit Declines on Higher Costs
The company reported a more than 12% year-on-year fall in consolidated net profit for Q4FY26 to ₹16,971 crore, compared with ₹19,407 crore in the same quarter last year. On a sequential basis, profit also dropped about 9% from ₹18,645 crore.
The decline was mainly due to higher finance costs, increased depreciation from 5G spectrum rollout, and geopolitical tensions in the Middle East.
Management Commentary on Business Environment
Chairman and Managing Director Mukesh Ambani said the company faced global disruptions, volatile energy prices, and shifting trade patterns during FY26. However, he highlighted that Reliance’s diversified business portfolio and strong domestic focus helped it manage these challenges.
Revenue Shows Strong Growth
Despite the profit decline, consolidated revenue from operations rose nearly 13% year-on-year to ₹2,98,621 crore in Q4FY26 from ₹2,64,673 crore last year. However, revenue fell around 11% sequentially from ₹2,69,496 crore in the previous quarter.
EBITDA Remains Stable
EBITDA for the quarter stood at ₹48,737 crore, largely unchanged from ₹48,588 crore a year earlier. The company credited steady performance from its consumer-focused businesses for keeping operating earnings stable.
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Reliance Industries Share Price Movement
Reliance Industries share price (NSE: RELIANCE) was trading at ₹1,350.30 on 27 April at 1:33 PM, up ₹22.50 or 1.69% for the day. The stock opened at ₹1,313.00 and touched an intraday high of ₹1,351.00 and a low of ₹1,311.00. Over the past year, the stock has moved between a 52-week high of ₹1,611.80 and a 52-week low of ₹1,290.00. Reliance offers a dividend yield of 0.41%, with a quarterly dividend amount of ₹1.38 per share.
Conclusion
Reliance Industries announced a higher ₹6 dividend for FY26 even as quarterly profit declined due to rising costs and global pressures.
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Published on: Apr 27, 2026, 2:46 PM IST

