Page 7 - Reliance Industries

Reliance Consumer H1 revenue nears ₹10,000 crore; demerger by Nov 1

Reliance Consumer Products Ltd (RCPL), fast-moving consumer goods business of the Reliance group, on Friday said its gross revenue reached Rs 9,850 crore in the first half of the ongoing fiscal. In the December quarter, its gross revenue was at Rs 5,400 crore, said RIL CFO V Srikanth during the financial results presentation. "Our FMCG business has 2X growth on a YOY basis for H1. Q2 was Rs 5,400 crore of top line. So its pretty strong growth," he said. Srikanth further said main brands of RCPL, including its beverages business Campa and in-house brand Independence, the volume growth is pretty substantial. "Both are seeing very strong market share gains and as we are expanding the supply chain," he said. General trade contributes almost 75 per cent of sales. "We are doing a lot of on-the-ground activations to basically for the purpose of brand building and making the push through the trade channel. We have signed up several MOUs for food parks and looking up setting up manufactur

RIL Q2FY26 results: Net profit rises 14% to ₹22,092 crore, revenue up 10%

RIL's revenue from operations increased to Rs 2.59 trillion from Rs 2.35 trillion in the July-September quarter

Stock Market Close: Sensex up 485 pts; Nifty at 25,710; FMCG, bank, auto shares shine; SMIDs slip

Sensex Today | Stock Market LIVE updates, Oct 17, 2025: In the broader markets, the Nifty MidCap 100 and SmallCap 100 settled lower by 0.57 per cent and 0.05 per cent, respectively

Reliance Industries shares rise 1% ahead of Q2 results; check preview

JP Morgan, in a recent report, said that RIL's consumer businesses are set to drive nearly all of the group's earnings growth in the coming years

Q2 results today: RIL, Tata Tech, Hindustan Zinc, JSW Energy on Oct 17

Q2FY26 company results: JSW Steel, REC, Polycab India, L&T Technology Services, Tejas Networks, and Dixon Technologies are also to release their July-September quarter earnings reports today

10 stocks with maximum upside this Diwali; Don't miss the market fireworks!

Leading the list is GNG Electronics (Target: ₹482 | Upside: 52%), named by Nirmal Bang, which expects robust growth as the company benefits from the govt's 'Make in India' thrust on electronics mfg.

Stocks to watch, Oct 17: RIL, Infosys, Jio Fin, Wipro, Havells, Canara HSBC

Around 7:20 AM, GIFT Nifty futures were down 41.6 points at 25,614.5, indicating a negative start.

RIL Q2 results preview: Jio, O2C may aid growth; retail biz could lag

Reliance Q2FY26 results may show muted earnings Q-o-Q. Jio & oil-to-chemicals could boost Ebitda, while upstream business may weaken. RIL Q2 results are due on Oct 17, 2025

Reliance revives TN personal care brand Velvette, Krithi Shetty new face

Reliance Consumer Products relaunches iconic Tamil Nadu brand Velvette with a new premium range of personal care products and actress Krithi Shetty as brand ambassador

Mukesh Ambani tops Forbes India rich list with $105 billion fortune

India's 100 richest see combined wealth fall by 9 per cent to $1 trillion, reflecting market volatility and currency headwinds

Reliance Power to sell Indonesian subsidiaries to Biotruster for $12 mn

Reliance Power on Monday said it will sell 100 per cent stake in several Indonesian step-down subsidiaries to Singapore-based Biotruster Pte Ltd for around USD 12 million. A share purchase agreement has been signed among Reliance Power Netherlands BV, Reliance Natural Resources (Singapore) Pte Ltd and Biotruster (Singapore) Pte Ltd to this effect. Reliance Power will sell 100 per cent equity shareholding in PT Avaneesh Coal Resources, PT Heramba Coal Resources, PT Sumukha Coal Services, PT Brayan Bintang Tiga Energi, and PT Sriwijaya Bintang Tiga Energi, subject to certain conditions precedent and other customary terms and conditions, the company said in a regulatory filing. Around USD 12 million will be received on the closure of the deal. Reliance Power further noted that the buyer does not belong to the promoter/promoter group/group companies.

NCLAT sets aside plea against Reliance Retail capital share reduction

In a relief to the Reliance Industries arm Reliance Retail, appellate tribunal NCLAT has set aside a petition against the leading retailer, which in 2023 reduced the equity share capital of the company, saying non-promoters were offered a "fair value" of their shares. Reliance Retail had in 2023 decided to reduce and cancel 78,65,423 equity shares of the company, held by the minority shareholders, other than the promoters/holding company. Observing that non-promoter shareholders were offered a "fair value" of their shares during the exercise and an overwhelming majority voted in favour of the resolution, the appellate tribunal upheld the earlier order passed by the National Company Law Tribunal (NCLT) and said it found "no reason to upset a reasoned order passed" by it. The NCLAT, while referring to previous judgements, said "selective reduction is permissible if objecting shareholders are paid a fair value of their shares". On July 4, 2023, the board of Reliance Retail Ltd (RRL),

Reliance Consumer inks ₹40k cr MoU with Centre for pan India food plants

Reliance Consumer Products Ltd (RCPL) on Thursday signed a Rs 40,000-crore agreement with the Food Processing Industries Ministry to establish integrated food manufacturing facilities across the country, according to sources. The Memorandum of Understanding (MoU) to this effect was signed at the World Food India 2025 event here, the sources said. Reliance Industries had announced the investment plan at its annual general meeting in August, saying it would create "Asia's largest integrated food parks with AI-driven automation, robotics, and sustainable technologies." RCPL, which emerged from Reliance Retail and became a direct subsidiary of Reliance Industries, has become one of India's fastest-growing fast-moving consumer goods companies, generating revenue of over Rs 11,000 crore in just three years since inception. Under the MoU, RCPL will invest more than Rs 1,500 crore to set up integrated facilities for food products and beverages in Katol, Nagpur in Maharashtra and Kurnool in

Stocks to Watch today, Sept 25: Polycab, Waaree Energies, Akzo, Tata Steel

Stocks to Watch today, September 25, 2025: From Polycab to Akzo Nobel, here is a list of stocks that will be in focus today

Reliance Consumer to invest ₹1,156 cr for manufacturing unit in Tamil Nadu

This facility will span 60 acres and focus on multi-product manufacturing, from regional snacks to biscuits, spices to atta, edible oil and much more

Crude slips to 3-month low; INR weakness seen pressuring OMCs, CGDs: Nomura

Nomura said that the INR's depreciation remains a headwind for OMCs and CGDs, as their input costs are dollar-linked while revenues are in rupees.

RIL, Bharti Airtel set to dominate India's $8bn data centre boom: Jefferies

India's data centre capacity is expected to quintuple to 8GW over the next 5 years, driven by rising internet traffic, growing adoption of AI & stricter regulatory mandates around data localisation.

India's net-zero push to boost RIL, Waaree Energies, SWSolar: Analysts

On the bourses at 9:40 AM, Waaree Energies raced 2.15 per cent higher to ₹3,712.75, and SWSolar moved up 1.36 per cent to ₹267.60. RIL, meanwhile, was trading 0.2 per cent lower at ₹1,391.50.

AI push: RIL incorporates Reliance Intelligence as wholly-owned subsidiary

Reliance Industries on Wednesday said Reliance Intelligence has been incorporated as a wholly-owned subsidiary of the company. The certificate of incorporation was received from the Ministry of Corporate Affairs on Tuesday, RIL said in a BSE filing. "Reliance Intelligence Limited has been incorporated as a wholly owned subsidiary of the company on September 9, 2025," India's largest conglomerate said in the filing. The AI push was announced by RIL at its AGM last month, where Chairman Mukesh Ambani spoke about the formation of the new subsidiary, which will house large-scale AI infrastructure, as the company also unveiled new partnerships with global tech titans Meta and Google. Reliance Intelligence will build gigawatt-scale, AI-ready data centres, powered by green energy and engineered for training and inference at a national scale. AI clearly took centre stage at the shareholders' meet, which also unveiled marquee partnerships with Meta and Google, highlighted by addresses from

Reliance's refining margins projected to stay strong compared to PSU peers

Company's Russian crude imports give it cost advantage, according to analysts