Reliance jumps 8% after strong Q2 profit and revenue growth
In short
Reliance Industries shares jumped on Monday, in its sharpest one-day rise in nearly seven years. The company added Rs 1 lakh crore in market value, taking it to Rs 17 lakh crore, after Q2 FY27 net profit rose 41% to Rs 25,548 crore and revenue rose 29% to Rs 3.32 lakh crore.
The oil-to-chemicals business led the gains. Investors are watching if the rally continues, but the source does not say how long it will last.
What the reporting says
Reliance Industries shares surged on Monday, adding Rs 1 lakh crore to market value and lifting its capitalisation to Rs 17 lakh crore. The move followed strong Q2 FY27 results, with consolidated net profit rising 41% year on year to Rs 25,548 crore and revenue up 29% to Rs 3.32 lakh crore. The oil-to-chemicals segment led the gain. It is not stated what analysts expect next.
Why it matters
Reliance Industries shares surged on Monday after the company reported Q2 FY27 results showing a 41% rise in consolidated net profit to Rs 25,548 crore and 29% revenue growth to Rs 3.32 lakh crore. The publisher summary says the oil-to-chemicals segment drove earnings, with EBITDA up 68% to Rs 25,203 crore. The immediate market impact was a Rs 1 lakh crore increase in market value, but the next catalyst is not stated.