Reliance Board Approves ₹15,000 Crore NCD Fundraise
Reliance Industries Ltd (RIL) has approved plans to raise up to ₹15,000 crore through non-convertible debentures (NCDs), alongside announcing record financial results for the September quarter of 2026-27. The Mukesh Ambani-led conglomerate reported its highest-ever quarterly revenue, earnings before interest, taxes, depreciation and amortisation (EBITDA), and net profit, supported by strong…
Reliance Industries Ltd (RIL) has authorized the issuance of up to ₹15,000 crore in non-convertible debentures (NCDs), as its board passed an enabling resolution. The Mukesh Ambani-led conglomerate announced record financial results for the September quarter of 2026-27, reporting its highest-ever quarterly revenue, EBITDA, and net profit.
The results surpassed expectations, with revenue reaching ₹3.62 lakh crore, a 28% increase, EBITDA hitting ₹62,409 crore, and net profit reaching ₹29,550 crore, marking the conglomerate's best quarterly performance.
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