Reliance Consumer Products revenue rises 60% in Q2 2026

Campa beverages and Independence daily essentials drove first-half sales, as RCPL expanded manufacturing capacity and entered new international markets.

INDIA – Reliance Consumer Products Ltd (RCPL) recorded gross revenue of Rs 8,266 crore (US$637.74M) in July–September 2026, an increase of approximately 60% year on year, supported by growth in Campa beverages and Independence-led daily essentials. 

The company also initiated six integrated greenfield food and beverage manufacturing projects across India, while expanding production capacity through high-speed beverage lines. 

Reliance Industries Chairman and Managing Director Mukesh D. Ambani said: “Our consumer products business kept its growth momentum, with the FMCG brand portfolio gaining further ground among Indian consumers.” 

RCPL’s first-half gross revenue reached Rs 16,900 crore (US$1.3B), around 1.8 times the year-earlier figure and nearly 80% of its full-year FY26 revenue, according to Reliance’s investor presentation. The company did not separately disclose consolidated quarterly profit attributable to shareholders, revenue from operations or EBITDA. 

The Campa-led beverages business generated more than Rs 5,250 crore (US$404.4M) in first-half sales, 2.1 times the year-earlier level and above 90% of its full-year FY26 sales. Reliance said RCPL had become India’s third-largest non-alcoholic ready-to-drink beverage player, with double-digit market share in several states. 

Daily essentials, led by Independence, recorded approximately Rs 7,000 crore (US$539.22M) in first-half sales, around 1.7 times the previous year’s level. Edible oils and dry fruits were key growth drivers, while Udhaiyam and Independence supported expansion in pulses. 

“Home and personal care led by Glimmer is gaining early consumer traction in the market,” Reliance said in its investor presentation. 

RCPL said growth was supported by wider product ranges and national distribution. It identified biscuits as a focus category across mass and premium segments and entered dairy with the launch of ice creams. 

The company did not disclose the investment outlay, locations, capacities or commissioning schedules for its six greenfield projects. 

Internationally, Campa entered Australian supermarket chains Coles and Woolworths, supported by local production. RCPL also launched in Kenya, adding to its existing African operations, and expanded its presence in the UAE, Oman and Malaysia. 

Despite the year-on-year increase, first-half revenue figures imply June-quarter gross revenue of Rs 8,634 crore. September-quarter gross revenue was therefore approximately 4.3% lower sequentially, based on calculations from Reliance Industries’ reported figures. 

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