Reliance Q4 Results Date: RIL Plans FY26 Dividend After Rs 15.50/Dividends + 1:1 Bonus After 2-Yrs; Preview?

Reliance Industries has declared the date of its Q4 results for FY26. Not just that the Mukesh Ambani company is planning to reward investors with a new dividend payout. This will come after the company's reward of Rs 15.50 dividend per share and 1:1 bonus issue in the past two years. This will also be Reliance's first dividend of 2026. During the Q4FY26 quarter, Reliance is expected to report steady performance in retail and telecom business, with EBITDA expansion amid a volatile environment.

Reliance Industries Q4 Results Date:

In its regulatory filing, Reliance announced that a meeting of its board of directors is scheduled on April 24, 2026, to consider and approve the standalone and consolidated audited financial results of the company for the quarter and year ended March 31, 2026.

Reliance Industries Dividend Recommendation:

Apart from Q4, Reliance board is also planning to consider dividend on equity shares for the financial year 2025-26, on April 24. Accordingly, the record date, ex-date and payment date will be announced in due course.

Reliance holds a healthy record of dividend payout over the past two years. They rewarded investors with Rs 5.50 divided per share for FY25 in August 2025 and paid up to Rs 10 dividend per share for FY24 in August 2024. But in 2024, Reliance also rewarded investors with its bonus issue of 1:1 ratio, where eligible shareholders received 1 free share on existing 1 equity share.

So far instance, if you held 100 shares of Reliance as of October 28, 2024. Then the 1:1 bonus issue ratio applied will turn your existing 100 shares to 200 shares. The 1:1 bonus ratio usually doubles the number of shares, but reduces share capital reserves.

Bonus issue are free of cost and dividends are reward added to your already existing shares by the company from their profitability.

So, after bonus issue, investors earned Rs 5.5 dividend on 200 shares. The new dividend will be yet another big benefit.

It needs to be noted that this is just an example and gains vary from investor to investor depending upon their portfolio.

Reliance Industries Q4 Results Preview:

As per analysts at Systematix Group, Reliance is expected to report consolidated EBITDA of Rs476 billion, up 8.5% YoY/3.4% QoQ supported by steady performance in Retail & continued momentum in the telecom business. Jio's revenue is likely to grow ~2.5% QoQ, driven by a ~0.6% increase in subscriber base along with a ~1% sequential improvement in ARPU to ~Rs216.

Further, they believe that Retail EBITDA is expected to jump 3.6% YoY/0.7% QoQ, while margins are likely to stay elevated, expanding by ~70 bps. O2C revenue is expected to increase by 13.9% YoY/ 15.7% QoQ led by a 2.5% YoY/1% QoQ jump in throughput while EBITDA to expand 18% YoY/8% QoQ, supported by improved diesel cracks amid a volatile environment.

Meanwhile, analysts at PL Capital said, "Standalone EBITDA is expected to decline QoQ to Rs141.5 billion, impacted by higher freight costs due to disruptions around the Strait of Hormuz, elevated gas costs from lower availability for captive use, and weak petchem spreads, partly offset by stronger refining cracks amid elevated crude prices. Retail EBITDA is likely to remain under pressure at ~Rs68.7 billion, with modest growth of ~5.6% YoY. Jio EBITDA is expected to rise ~3.3% QoQ, supported by a ~1.0% increase in ARPU to Rs215.8 and steady subscriber additions."

In Q3FY26, RIL posted a consolidated net profit of Rs 18,645 crore in Q3FY26, registering a growth of 0.6% from Rs 18,540 crore in Q3FY25 and up by 2.64% from the Rs 18,165 crore net profit in the preceding quarter. Also, behemoth bagged revenue from operations of Rs 2,93,829 crore in the quarter under review. This is higher by 9.97% from revenue of Rs 2,67,186 crore in Q3FY26 and up by 3.63% from Rs 2,83,548 crore in Q2FY26.

During the third quarter, Reliance's telecom giant Jio Platforms reported 11.2% YoY growth in net profit to Rs 7,629 crore. During the quarter, Jio 5G subscribers crossed 250 million, while its Fixed Broadband base crossed 25 million. While Reliance Retail posted a 2.7% YoY growth in net profit to Rs 3,551 crore. Quarterly revenue surged by 8.1% YoY to Rs 97,605 crore and quarterly EBITDA also witnessed single-digit upside of 2.1% YoY to Rs 6,770 crore.

Additionally, RIL's O2C business posted a whopping 14.6% YoY growth in EBITDA to Rs 16,507 crore in Q3FY26, while its margins expanded by 60 basis points to 10.2%. Quarterly revenue of this segment stood at Rs 162,095 crore, higher by 8.4% YoY.

Reliance Industries Share Price:

After the closing bell on April 17, Reliance stock closed at Rs 1365.10 apiece on BSE, up by 1.61% with market cap of Rs 18,47,317.84 crore. In the last week's trading session, RIL was up by 2%.

BUY Reliance Stock?

PL Capital has suggested BUY with target price of Rs 1,719. While Systematix has also recommended BUY for a target price of Rs 1700.

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