Mumbai: Reliance Industries on Friday reported a strong 78 per cent year-on-year (YoY) jump in its consolidated net profit for the first quarter (Q1) of FY26 reaching Rs 26994 crore. The company’s revenue from operations also rose 5.3 per cent to Rs 248660 crore compared to Rs 236217 crore in the same quarter previous year according to its stock exchange filing. The company’s operating performance also improved significantly. Its earnings before interest taxes depreciation and amortisation (EBITDA) stood at Rs 58024 crore -- marking a 36 per cent increase from Rs 42748 crore in the year-ago period. Gross revenue grew by 6 per cent to Rs 273252 crore or approximately $31.9 billion according to its regulatory filing. Reliance Jio the telecom and digital arm of the company reported a 25 per cent rise in net profit at Rs 7110 crore for the quarter. Its revenue rose 19 per cent YoY to Rs 41054 crore driven by strong growth in both its mobile and home broadband customer base and higher data consumption. Reliance Retail also continued its growth momentum. Its revenue increased by 11.3 per cent YoY to Rs 84171 crore. The retail segment’s EBITDA rose by 12.7 per cent to Rs 6381 crore with the operating margin improving to 8.7 per cent. During the quarter Reliance Retail added 388 new stores bringing the total store count to 19592 spread across 77.6 million square feet of retail space. The company’s registered customer base has now expanded to 358 million. In the quick commerce segment JioMart saw a big jump in activity. Its daily orders grew 68 per cent quarter-on-quarter (QoQ) and 175 per cent YoY. The shares of the company closed at Rs 1476 down by Rs 0.40 or 0.027 per cent on Friday on the National Stock Exchange (NSE).