RIL Q2 Net Profit Rises 14.3 percent: What comes as good news for Reliance Industries investors is that the company for the second quarter (ended September 30) reported an impressive 14.3 percent YoY growth in overall net profit to Rs 22092 crore. The consolidated net profit of the Mukesh Ambani-owned company was driven by good performance in the oil digital and retail businesses. RIL’s gross revenue for the quarter rose by 9.9 percent YoY to Rs 283548 crore. Notably Jio Platforms Ltd experienced year-over-year revenue growth of 14.9 percent led by an increase in subscribers in both mobility and home services a stable rise in Average Revenue Per User (ARPU) and ongoing expansion of the digital service offering. By What Percentage Did Revenue Of Reliance Retail Ventures Ltd Increase YoY? As per reports the EBITDA of RRVL rose by 16.5 percent YoY driven by several factors such as expansion in store locations hyperlocal deliveries product mix and an focus on improving operational efficiencies. By What Percentage Did O2C Revenue Increase Year-On-Year? The Oil to Chemicals (O2C) revenue increased by 3.2 percent YoY. Sale production increased YoY by 2.3 percent. The Jio-bp also expanded its domestic placement of transportation fuels achieving growth of 34 percent for HSD and 32 percent for MS. The company stated that the favourable effects of increased polymer deltas for downstream chemicals were balanced out by a decline in margins within the polyester chain. The Oil and Gas segment reported a 2.6% year-over-year decrease in revenue. The decline in revenue due to a natural drop in production at KGD6 and lower condensate price realisation. Better gas price realisation at KGD6 increased CBM volume helped to partially offset revenue decline. EBITDA for the Oil and Gas segment decreased by 5.4% year-over-year. Drop in EBITDA was linked to lower gas volumes from KGD6 and higher operating costs. What Did Mukesh Ambani Say? Ambani said “Reliance delivered a robust performance during 2QFY26 led by strong contribution from O2C Jio and Retail businesses.” “Digital services business continues to scale-up with positive momentum in subscriber addition across homes and mobility services driven by Jio’s network and technology leadership. Jio’s innovative radio solutions and ubiquitous stand-alone 5G network have enabled it to provide broadband connectivity to households across India” he said. “I am happy to highlight the growth momentum of our Retail business. All formats registered higher volume propelling strong growth in both revenue and EBITDA. There has also been a sustained pick-up in our quick hyperlocal delivery model. The recently announced progressive reforms in GST regime provide a boost to continuing consumption-led growth” Mr Ambani said. “Corrective steps by the industry stakeholders will help balance global downstream markets in the medium-term. Reliance’s operational delivery is supported by integrated assets high mix of light-feed cracking including a virtual ethane pipeline from the US and strong focus on domestic markets” he added. “I am happy with the progress we are making in our new growth engines – new energy media and consumer brands. I believe these businesses will build on Reliance’s legacy of creating industry leaders focused on technology and innovation to provide Indian consumers the right products and services at the right price” the CMD said.