Reliance Industries Posts Record $10B Net Profit, Secures Landmark Overseas Loans

Reliance Industries Ltd reported record financial results for FY2025-26, with consolidated revenue rising 9.8% to Rs 11,75,919 crore and net profit climbing 17.8% to Rs 95,754 crore, making it the first Indian company to surpass $10 billion in annual net profit. The conglomerate also secured several landmark overseas financing deals, including the largest Samurai loan ever raised by an Indian corporate at JPY 91.9 billion (approximately USD 625 million).

RIL obtained two global-first untied facilities: a USD 500 million arrangement supported by the Korea Trade Insurance Corporation for capital expenditure, and a USD 600 million facility backed by Nippon Export and Investment Insurance for solar photovoltaic and battery gigafactories. In December 2025, S&P Global Ratings upgraded RIL's international debt rating from BBB+ to A-, citing improved earnings stability from its consumer-facing businesses.

Chairman and Managing Director Mukesh Ambani continued to forgo all salary, allowances, and stock options for the sixth consecutive year, a voluntary practice he began in June 2020 during the COVID-19 pandemic. Ambani noted that RIL had become the first Indian company to cross $10 billion in annual net profit, while the company said the rating upgrade would provide access to new pools of capital at finer spreads.