Reliance Industries Ltd (RIL) has scheduled its 49th annual general meeting (AGM) for June 19, 2026, following a year in which the oil-to-telecom conglomerate reported nearly Rs 11.76 lakh crore in revenue and strong growth across its consumer businesses. The AGM will be held through video conferencing and other audio visual means at 2 pm on June 19, the company said in an exchange filing today.
Further, Reliance has fixed June 5 as the record date for determining shareholders eligible to receive dividend for FY26. The company's board had earlier recommended a dividend of Rs 6 per share for the financial year ended March 2026. The dividend, if approved at the AGM, will be paid within seven days of the meeting.
June 12 has been fixed as the cut-off date for determining shareholders eligible to vote on AGM resolutions.
The AGM comes at a time when investors are closely tracking the conglomerate's consumer and digital businesses, which continued to drive earnings growth despite weakness in the global energy environment. Any update around Reliance Jio IPO will also be keenly eyed by the market.
Reliance Industries had earlier reported a 13% year-on-year (YoY) decline in consolidated net profit for the March quarter at Rs 16,971 crore compared with Rs 19,407 crore a year earlier. Revenue from operations during the quarter rose 13% to Rs 2.98 lakh crore.
For the full financial year FY26, Reliance Industries reported revenue of Rs 11,75,919 crore, or about $124 billion, marking a 10% increase over FY25. Annual EBITDA rose 13.4% year-on-year to Rs 2,07,911 crore, while profit after tax increased 17.8% to Rs 95,754 crore.
The company said growth during the year was led by its oil-to-chemicals, digital services and retail businesses. Consumer-facing businesses contributed more than 55% of consolidated EBITDA during the year, underlining the continued shift in Reliance’s earnings profile away from its traditional energy operations.
Reliance Jio Platforms reported profit after tax of more than Rs 30,000 crore during FY26, up 15.1% year-on-year. Reliance Retail Ventures also continued its growth trajectory, with annual profit nearing Rs 14,000 crore, up 11.7%.
Chairman and managing director Mukesh Ambani had said after the results that the company operated through a challenging global environment marked by geopolitical disruptions, volatile energy prices and shifting trade patterns.
"Through FY26, we faced geopolitical disruptions, volatile energy prices and shifting global trade patterns. These headwinds weighed on businesses across the world. The breadth of our portfolio and strong domestic orientation helped navigate volatility in the external environment," Ambani had said.
The company's diversified business structure helped offset weakness in the global energy cycle through steady growth in telecom, retail and digital services.
Investors will now closely watch the AGM for commentary around Reliance’s next phase of investments, retail expansion, updates on Jio IPO and new energy businesses.
