Reliance Industries Ltd Sponsored GDR 144A (NSE:RELIANCE) reported Q1 FY27 revenue of Rs 311,850 crore and owner profit of Rs 20,946 crore as EBITDA rose 10.1%, while moves including a Jio Platforms IPO filing, expanded business scope into explosives/fertilisers, battery capacity targets and a Rolls-Royce tie-up on combat engines signal diversified growth and strategic shifts.

Previous Week Recap

• Revenue High, Profit Decline: RELIANCE Q1 FY27: revenue Rs 311,850 crore, profit to owners Rs 20,946 crore (down 22.4% YoY), consolidated EBITDA Rs 54,067 crore (+10.1% YoY), EBITDA margin 15.9%. Mint
• Jio Platforms IPO Draft Filed: RELIANCE: Jio Platforms filed June 2026 IPO draft with SEBI for a 2026 public listing via fresh issue of 27 crore shares (≈2.93% post-issue); proceeds go to Jio Platforms. CNBC TV18
• Amendment For Ammonium Nitrate: RELIANCE shareholders approved amending the memorandum to add production and sale of ammonium nitrate, explosives, fertilisers and related inputs; material related-party transactions also approved. CNBC TV18
• GDR 144A Battery Milestones: Reliance Industries Ltd Sponsored GDR 144A (RELIANCE) aims to meet 2022 5 GWh battery capacity milestones by December; extension applies to that 5 GWh award; Ola Electric reported ~1.4 GWh added. Mint
• Rolls-Royce Aerospace Partnership: RELIANCE partners with Rolls‑Royce to co‑develop an indigenous combat engine for India’s AMCA and explore an aerospace gas‑turbine complex for design, testing, production and lifecycle support. 2 sources