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Most profitable company in India
- Not surprisingly, Mukesh Ambani-led Reliance Industries is the most profitable company in India. It reported net profit of Rs 67565 crore during the year, a jump of 27 per cent year on year (YoY). The telecom-to-retail empire improved its performance on almost all fronts during the year thanks to its leadership positions.
Preview: RIL’s Q2 consolidated net profit seen rising 12% YoY, driven by telecom, retail business. RIL Results Preview | Net profit likely to surge over 105% in Q1 on robust refining margins ...
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Reliance has set out on an ambitious journey to become Net Carbon Zero by 2035. Our New Energy business is far more ambitious, far more transformational, and far more global in scope than anything we have ever done before.
Cash Profit increased by 12.7% to ` 1,41,969 crore as compared to ` 1,25,951 crore in the previous year. Profit After Tax was higher by 7.3% at ` 79,020 crore despite higher finance cost, depreciations and taxes.
May 24, 2024 · Reliance Industries Limited (RIL) has emerged as the most profitable company in India for the financial year 2023-24, with a net profit of Rs 79,020 crore. This remarkable performance solidifies its position at the top of the corporate profitability rankings in India.
The return on capital employed improved to 20.6 in FY 2022-23 as against 14.5% in previous year due to higher operating profit led by strong growth in earnings from oil & gas business and improved profitability of the O2C business.
May 21, 2022 · Reliance Industries reported net profit of Rs 67565 crore in FY22, a 27 per cent growth over last year. It is the most profitable company in India, followed by Tata Steel, TCS, HDFC Bank and State Bank of India.
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Reliance Industries Profit & Loss Report - Get the latest information on Reliance Industries Financial Reports, Profit/Loss stated by Reliance Industries in the past month, quarter, year, on The Economic Times.