New Delhi: Mukesh Ambani-led Reliance Industries Limited (RIL) has announced its results for the first quarter of the financial year 2025–26 (Q1 FY26). Reliance posted a record EBITDA of Rs 58024 crore and also earned a net profit of Rs 30783 crore. Today Reliance Industries has a presence across diverse sectors but it has traditionally been known for its oil gas and petrochemical businesses. It is important to note that the first quarter results show that the company’s revenue model is evolving. Reliance is now earning more from its telecom digital services and retail businesses than from its traditional oil and gas segment. Reliance Industries Record Earnings Reliance Industries registered a record EBITDA of Rs 58024 crore and a net profit of Rs 30783 crore in the first quarter of fiscal year 2026. For the past few quarters there had been signs that Reliances sources of income were gradually shifting. Reliance is now generating more profit from its Jio (telecom) digital platforms and retail stores rather than depending primarily on oil and gas. These new-age businesses are driving the companys growth and reshaping its identity. Which business brings in the most revenue? Reliances telecom business (Jio) leads in earnings. Jio recorded an EBITDA of Rs 18312 crore which accounts for nearly 32 percent of the company’s total EBITDA. The number of Jios 5G users has now crossed 200 million. Its home broadband users have reached 20 million. The companys ARPU has also increased to Rs 208.8 marking a 14.9 percent rise compared to last year. Reliance Retail Ventures Limited (RRVL) reported an EBITDA of Rs 6381 crore which is 12.7 percent higher than the same quarter last year. In this quarter Reliance Retail generated a revenue of Rs 84171 crore and opened 388 new stores across the country. Its customer base also grew to 358 million. Whats the status of the oil and gas business? Reliances traditional oil and gas business recorded an EBITDA of Rs 4996 crore — a year-on-year decline of 4.1 percent. The company was impacted by lower production from the KG-D6 gas field and falling prices of CBM (coal bed methane) gas. Revenue from this segment also saw a decline of 1.2 percent.