Reliance Industries Q3 Results Live Updates: Jio ARPU in focus as subscriber addition pace slows

Reliance Industries Q3 Results 2026 Live Updates:

Reliance Industries, the Nifty 50 heavyweight, will be reporting its December quarter results later this evening. A CNBC-TV18 poll expects consolidated revenue to decline by 3% from the September quarter, while Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter may grow by 5% sequentially. Operating profit margins may improve by nearly 150 basis points, while net profit may grow by 6.6% from September, as per the poll. The company's core O2C (Oil-To-Chemicals) business may see strong growth led by the refining segment due to the strong Singapore GRMs, while the Oil & Gas business may see some weakness. While Retail is likely to see growth of 3% from last year and 4% sequentially, Jio's topline may grow 16% year-on-year and 2% sequentially led by higher ARPU and subscriber growth. More clarity on the new energy business, growth in retail stores, and any pricing action in the telecom space will be the key factors to keep an eye on. Watch this space for all the Live updates.