Reliance delivers strongest-ever financial performance despite global headwinds

Mukesh Ambani announced Reliance's strongest-ever financial performance at the company's 49th AGM, reporting record revenue of ₹11.75 lakh crore and a 17.8% rise in profit for FY26 despite global economic and geopolitical challenges. Ambani said retail and digital businesses now contribute nearly half of the group's EBITDA, while Reliance accounted for nearly one-third of the capex undertaken by India's top 50 companies. He also confirmed that the board has approved the filing of the DRHP for the much-awaited Jio IPO.