Reliance reports record Q2 profit of ₹29,550 crore
In short
Reliance Industries reported record Q2 FY27 profit of ₹29,550 crore, up 33.8% from a year earlier. Revenue rose 27.8% to ₹3,62,268 crore.
The gains came from a stronger oil-to-chemicals business and digital services, while retail was weaker. Investors are now looking at the stock again, but the brokerages’ final advice is not stated here.
What the reporting says
Reliance Industries reported a record second-quarter FY27 profit of ₹29,550 crore, up 33.8% year-on-year, and revenue rose 27.8% to ₹3,62,268 crore. The Mint summary says a recovery in oil-to-chemicals and growth in digital services offset weaker retail earnings. The immediate consequence is renewed focus on the stock after the results, while the full brokerage view is not stated in the supplied material.
Why it matters
Reliance Industries posted record second-quarter FY27 profit of ₹29,550 crore and revenue of ₹3,62,268 crore. The summary says recovery in oil-to-chemicals and growth in digital services offset weaker retail earnings, which explains the positive reaction around the stock. The supplied material does not include the brokerage recommendations referenced in the headline, so any buy-sell-hold conclusion is not stated.