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Mukesh Ambani
Chairman & Managing Director, Reliance Industries

Reliance AGM 2026 | મુકેશ અંબાણીનું RIL AGM 2026 માં સંબોધન | Reliance Industries | Gujarati News

📅 Jun 19, 2026 News18 Gujarati 11 MIN 8 SEGMENTS · 1 SPEAKERS
Big news has come out of the Reliance Industries AGM. The company's chairman Mukesh Ambani has officially announced that ...

What Mukesh Ambani said

Written from the verified transcript and checked against it. Every figure links to the moment it was said.

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, addressed shareholders at the 49th Annual General Meeting, congratulating Prime Minister Narendra Modi on becoming the longest-serving elected Prime Minister of India. He described the past six years as volatile due to COVID-19, geopolitical conflicts, and energy disruptions, and called for India to achieve energy and AI self-sufficiency as national missions. Ambani highlighted Jio Platforms' patent innovation ranking jump from 340 to 20 in one year, per WIPO, making it the only Indian company in the top 20. He noted Jio's 10th and Reliance Retail's 20th anniversaries, both remaining number one in their sectors. Ambani reported record revenue of ₹11,75,919 crore (up 9.8%), record EBITDA of ₹2,07,900 crore, and record net profit of ₹95,754 crore (up 17.8%) for FY2026. He detailed capex of ₹1,44,271 crore for the year and ₹6,48,428 crore over five years, exports of ₹2,78,808 crore, and tax contributions of ₹2,16,472 crore.

Key takeaways

  1. Jio Platforms jumped from rank 340 to 20 in WIPO's patent innovation velocity ranking in one year, the only Indian company in the top 20.
  2. Reliance posted record FY2026 revenue of ₹11,75,919 crore, up 9.8% year-on-year, and record net profit of ₹95,754 crore, up 17.8%.
  3. Reliance's five-year capex totaled ₹6,48,428 crore (over $68.4 billion), more than any other Indian company, contributing nearly one-third of top 50 corporates' investment.
  4. Reliance's FY2026 exports were ₹2,78,808 crore, representing 6.7% of India's total merchandise exports.
  5. Reliance's cumulative contribution to the national exchequer over five years crossed ₹9,78,000 crore (over $100 billion).

Numbers and commitments

FigureWhat it refers toTypeAt
9.8% Year-on-year revenue growth metric 8:12
₹95,754 crore FY2026 net profit metric 8:12
17.8% Year-on-year net profit growth metric 8:12
68.4 billion US dollars Five-year capex in USD metric 9:26

Chapters

  1. 0:00Opening and formalities
  2. 2:26Congratulating Prime Minister Modi
  3. 3:43Global volatility and India's resilience
  4. 4:58National missions for self-sufficiency
  5. 6:39Jio and Retail anniversaries
  6. 8:12FY2026 financial performance
  7. 9:26Capex, exports, and tax contributions
  8. 10:50CSR and shareholder trust
Mukesh Ambani 0:00 ↗
Dr. Sumit Banerjee, Shrimati Arundhati Bhattacharya, His Excellency Yasir Al Rumayyan, Shri K.V. Chowdary, Shri K.V. Kamath, Shri Haigreve Khaitan, Shri Dinesh Kanabar, Shri Nikhil Meswani, Shri Hital Meswani, Shri P.M.S. Prasad, Shri Anant Ambani, Shrimati Isha Ambani Piramal, Shri Akash Ambani. All directors of the company are present at this meeting. Shri V. Srikant, Chief Financial Officer, Shrimati Savitri Parekh, Company Secretary, and Shri K. Sethuraman and the representatives of our statutory auditors and secretarial auditors of the company are also present at this meeting. Notice dated May 10, 2026 convening this annual general meeting and a copy of the annual report for the financial year ended March 31, 2026 have already been circulated electronically to the members of the company. A letter providing the web link of the annual report has been sent to those shareholders who have not registered by their email address. With your permission, I shall take them as read. The auditor's report on the standalone and the consolidated financial statements and the secretarial audit report of the company for the financial year ended 31st March 2026 do not contain any qualifications, reservations, adverse remark, or disclaimer. Accordingly, these reports are not required to be read out as provided in the Companies Act 2013.
Now, I will bring a formal address to the shareholders. My dear share owners, Namaste. And a very warm welcome to the 49th Annual General Meeting of Reliance Industries Limited this afternoon. At the very outset, on behalf of the entire Reliance family, including all our shareholders, let me congratulate our beloved Prime Minister, Shri Narendra Bhai Modi Ji, on achieving the stupendous feat of becoming the longest-serving elected Prime Minister of India. Later this year, on the 7th of October, he will complete 25 uninterrupted years in public office, first as Chief Minister of Gujarat and then as Prime Minister of India. Over these years, the number of votes he has polled is by far the largest by any leader in the democratic world. We congratulate him on this remarkable milestone in public service. His vision for India's growth and the corresponding execution plan have been instrumental in the rapid all-around growth India has witnessed over the last decade.
Dear friends, the past 6 years have been the most volatile and uncertain in several decades. COVID-19, increased geopolitical frictions, conflicts and wars, energy market disruptions, supply chain fragmentation, sharp swings in commodity prices, and shifting capital market dynamics have combined to create a far more unpredictable global operating environment than before. The war in West Asia added to these problems. However, tough times never last. Tough nations do. And India is among the most resilient nations in the world. With unity, positivity, and self-confidence, we have overcome the worst crisis in the past. Under the able, experienced, and far-sighted leadership of Prime Minister Shri Modiji, India has handled the situation with exemplary competence, commitment, and wisdom. I can see India emerging much stronger in the fast-changing multipolar world.
India will play the role of a balancer, a promoter of peace, and a friend to all. This is not merely my hope, it is my confidence and my conviction. Friends, the most important lesson for India from these volatile times is that we must intensify and speed up our efforts to make our country Atmanirbhar in critical resources and technologies. Maximum energy self-sufficiency and AI self-sufficiency must become our national missions. The success of these missions is critical to the success of Viksit Bharat. Reliance is playing a leading role in both the national imperatives. We have laid the foundation for Reliance to emerge as a leading deep tech and advanced manufacturing company. For this, we are investing an extraordinary amount in innovation and R&D effort. Here is proof that will make all of you proud. According to the latest report by the World Intellectual Property Organization, Jio Platforms has jumped from a rank of 340 to 20 in just 1 year in terms of the velocity of innovations through patents. This places Jio above several global tech giants and is the only Indian company in the top 20 in this elite league. Let us warmly congratulate our brilliant team of scientists, engineers, and innovators. They have made India proud.
Friends, this is a landmark year for us for not one, but two reasons. Jio completes 10 years of stellar success, becoming the primary enabler of India's digital and AI revolution. Reliance Retail completes 20 years as a trailblazer, becoming the catalyst of India's organized retail revolution. In both businesses, we remain the unbeatable number one. Two phenomenal anniversaries, two spectacular transformations, and they affirm one abiding truth. When a patriotic, high-performance company consistently serves the aspiration of 1.5 billion Indians, there is no limit to what it can achieve. Dear friends, our founder chairman, Shri Dhirubhai Ambani, taught us that behind every obstacle is an opportunity. Through adaptability, reinvention, and strategic diversification, Reliance has consistently achieved long-term value creation at scale. As I address you today, I do so in the firm belief that Reliance's best chapters lie ahead. Our foundations are strong, our strategy is clear, and the opportunity for growth in India and with India and for India is immense. Allow me to take you through the business and financial performance of Reliance.
Dear shareholders, I'm happy to share with you that Reliance posted a record high revenue, a record high EBITDA, and a record high net profit for the financial year '26 despite global challenges. The consolidated revenue stood at 11 lakh 75,919 crores, up 9.8% year-on-year. Despite the volatility, rapid scaling up of our retail and digital businesses played a key role in meeting our commitment to doubling RIL's EBITDA over 5 years. Our EBITDA for the financial year '21 was 97,580 crores, which rose to 2 lakh 7,900 and 11 crores for the year '26. Retail and digital businesses contributed nearly half of the financial year '26 EBITDA. Together, they are increasingly becoming the primary drivers of Reliance's future growth. The net profit for the financial year '26 stood at 95,754 crores, up 17.8% over last year.
Friends, Reliance's contribution to India's inclusive economic growth and nation-building remains unsurpassed. Reliance has maintained its top position in investing for India's growth. Reliance's capex stood at 1 lakh 44,271 crores for the year '26. Over the last 5 years, Reliance's capital expenditure has stood at a massive 6 lakh 48,428 crores or over 68.4 billion US dollars, more than any other company in India. Reliance contributed almost 1/3 of the total capital invested by India's top 50 corporates during the last 5 years. Reliance's exports were 2 lakh 78,808 crores, which was 6.7% of India's total merchandise exports for the year. Reliance remained the largest contributor to the national exchequer, contributing 2 lakh 16,472 crores. With that, our cumulative contribution over the last 5 years to the national exchequer crossed 9 lakh 78,000 crores or in excess of 100 billion dollars.
Reliance's commitment to inclusive growth remains unwavering. Our CSR expenditure in the financial year 26 stood at 2,248 crores, the highest by a single Indian company. Importantly, these achievements are supported by our strong financial position and the trust of our shareholders.

Cite this transcript

APA, MLA, BibTeX
APA

Ambani, M. (2026, June 19). Reliance AGM 2026 | મુકેશ અંબાણીનું RIL AGM 2026 માં સંબોધન | Reliance Industries | Gujarati News [Interview transcript]. News18 Gujarati. CEOInterviews.AI. https://ceointerviews.ai/interview/1153219/

MLA

Mukesh Ambani. "Reliance AGM 2026 | મુકેશ અંબાણીનું RIL AGM 2026 માં સંબોધન | Reliance Industries | Gujarati News." News18 Gujarati, 19 Jun. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/1153219/.

BibTeX
@misc{ambani2026_1153219,
  author       = {Mukesh Ambani},
  title        = {Reliance AGM 2026  | મુકેશ અંબાણીનું RIL AGM 2026 માં સંબોધન | Reliance Industries  | Gujarati News},
  howpublished = {Interview transcript, News18 Gujarati. CEOInterviews.AI},
  year         = {2026},
  month        = {jun},
  url          = {https://ceointerviews.ai/interview/1153219/},
  note         = {Speaker-attributed transcript with timestamps}
}