
Reliance Industries Q2 Net Profit Rises 9.5% as Clean Energy Push Intensifies
Reliance Industries (RIL) saw net profit increase to Rs 18,165 crore in Q2 FY2026, up 9.5% YoY, supported by strong growth in its retail and telecom segments. The conglomerate – India’s largest private company – already includes large-scale solar and hydrogen projects in its portfolio. RIL is now expanding its clean-energy manufacturing: it plans to start a solar PV module factory this year and scale capacity to 20 GW/year, followed by a large battery storage factory. These moves position Reliance’s new-energy business as a major future growth driver.
Source | Credit: business-standard