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Shares of Reliance Industries Limited (RIL) fell over 3 per cent on Monday after the conglomerate’s margin and profit for the first quarter of 2025-26 (Q1FY26) turned out to be below the Street’s expectations. The stock of India’s most-valuable company closed 3.21 per cent lower at ₹1,428.60 per share, compared to a 0.49 per cent advance in the benchmark Nifty 50 index. This is the steepest fall for RIL stock since April 4, 2025.
In Q1FY26, the oil-to-telecom conglomerate reported a 78.3 per cent year-on-year (Y-o-Y) growth in net profit at ₹26,994 crore. This was largely due to a one-off
