Reliance becomes 1st Indian company to cross $100 bn annual revenue – Reliance Industries become the 1st Indian company that has generated a record annual revenue of more than a whopping $100 billion.
- The company accounted for a record 22.5% rise in net profit for the quarter ended March 2022.
- it has also gained a strong growth in retail, digital services, and the oil & gas business and also marked the highest-ever quarterly EBITDA (earnings before interest, taxes, depreciation and amortisation) of Rs 33,968 crores (28% up) year-on-year.
Reliance’s earnings / revenue
- Reliance has reported a net profit of Rs 60,705 crore on a revenue of Rs 7.92 lakh crore (USD 102 billion) for the full fiscal 2021-22 (April 2021 to March 2022).
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