Reliance Industries (RIL) shares jumped more than 2% on Friday morning as India's most valuable company is all set to announce its results for the April-June quarter of FY27 today.
The company's shares rose to Rs 1,323.70 apiece on the NSE. The Mukesh Ambani-led company will likely release its Q1 results for the ongoing financial year 2027 in the post-market hours of Friday. Analysts expect the company to report steady performance, driven by a recovery in its oil-to-chemicals business and continued growth in digital services, even as retail growth remains muted and oil and gas earnings decline.
How Reliance Industries shares reacted to earnings in previous quarters
Before Reliance Industries released its results for Q4 FY26 on April 24 this year, the shares of the company dropped more than 1%. However, even after the company reported a 13% year-on-year (YoY) decline in its consolidated net profit at Rs 16,971 crore, the shares jumped 3% in the next trading session. The stock gained more than 10% in the week that followed, recording the best week after earnings over the nine quarters.
However, the heavyweight stock has mostly delivered negative returns in the week that follows quarterly earnings. One of the sharpest such weekly declines in nine quarters was seen in January this year, when Reliance Industries shares crashed around 5% in the week following the release of the Q3 FY26 results. Prior to that, the shares recorded a weekly decline of nearly 6% after Q1 earnings of FY26 in July last year.
