Reliance Industries posted a consolidated net profit of ₹26,994 crore in Q1 FY26, up 78% YoY, aided by an ₹8,924 crore gain from selling its Asian Paints stake. Revenue grew 5.3% to ₹2.48 lakh crore. Jio and Reliance Retail performed well, while O2C revenue dipped slightly due to lower crude prices and maintenance activity.