Reliance sets June 19 AGM, Rs 6 dividend as Retail arm profit nears Rs 14,000 cr

Reliance Industries fixed June 5, 2026 as record date for a Rs 6/share dividend ahead of its June 19 AGM. Reliance Retail Ventures posted FY26 profit of ~Rs 14,000 cr, up 11.7%, with consumer businesses now contributing over 55% of consolidated EBITDA. Jio IPO timeline still awaited.

— Source publishedThu, 28 May, 2026, 09:36 IST·First seen Thu, 28 May, 2026, 09:42 IST·Source Mint · Markets

What happened

Reliance Industries set June 19, 2026 AGM and June 5 dividend record date for Rs 6/share payout. Retail Ventures FY26 profit neared Rs 14,000 cr (+11.7%);

Key facts

  • AGM June 19 2026
  • dividend record date June 5 2026
  • dividend Rs 6/share
  • Q4 net profit Rs 16,971 cr (-13% YoY)
  • FY26 net profit Rs 80,775 cr (+16%)
  • Reliance Retail FY26 profit ~Rs 14,000 cr (+11.7%)
  • consumer businesses >55% of EBITDA

Why this matters

Reliance Retail's scaled FY26 profitability raises the bar for any bolt-on or JV pricing, while the pending Jio listing reshapes the comp set for India consumer-tech deals.