Reliance Quietly Prints Profits in Oil and Gas While Retail and Jio Chase Growth

Published on 24 April 2026

The most profitable unit is not Jio or retail

While investors watch Reliance Jio’s subscriber gains and Reliance Retail’s relentless expansion, the company’s upstream oil and gas business has been quietly thriving. It delivered one of its best years ever, emerging as Reliance’s most profitable unit. The shift highlights how earnings may be driven by energy even as newer consumer bets dominate headlines.

Jio and retail growth get most investor attention
Upstream oil and gas delivered a standout year
Energy division became Reliance’s most profitable unit

#oil and gas #profits #reliance industries #reliance retail #reliance jio

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Reliance Quietly Prints Profits in Oil and Gas While Retail and Jio Chase Growth

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