Reliance Industries Becomes First Indian Company to Surpass $120 Billion Revenue
En resumen
- Reliance Industries Limited has made history by becoming the first Indian company to achieve over $120 billion in revenue for FY 2025-26, reporting $124 billion.
- This milestone follows their recent achievement of crossing $10 billion in annual net profit.
Resumen generado por IA
Por qué importa
Reliance Industries Limited, originally a textile company, has grown into a major oil-to-retail conglomerate. This achievement comes shortly after becoming the first Indian company to cross $10 billion in annual net profit.
Reliance Industries Limited has achieved a historic milestone, becoming the first Indian company to exceed $120 billion in revenue for the financial year 2025-26. The oil-to-retail conglomerate announced its gross revenue reached $124 billion in 2026, marking a significant expansion from its origins as a textile company in 1966.
Reliance Industries Limited has become the first Indian company to surpass the $120 billion revenue mark in the financial year 2025-26.
The oil-to-retail giant has grossed $124 billion in revenue in 2026, it said in a post on X.
"From a textile dream in 1966 to a $124 Billion global conglomerate in 2026. Reliance Industries becomes the first Indian company to surpass USD $120 Billion revenue landmark in FY 2025-26," Mukesh Ambani-owned RIL said.
This milestone was announced almost a month after RIL became the first Indian company to cross $10 billion in annual net profit.
The firm reported Rs 95,610 crore in net profit (before accounting for non-controlling interests), translating into a $10.1 billion bottom line at a year-end exchange rate of 94.4 to the dollar. Reliance’s net profit is more than the combined net profits of IT majors TCS, Infosys, and HCL Tech.
The company posted an EBITDA of $21.9 billion with Profit After Tax (PAT) at $10.1 billion for FY26.
RIL's digital business recorded a robust 18% YoY growth driven by subscriber additions, improved 5G and fixed broadband mix, and higher customer engagement. Its retail segment grew 8% YoY with the scale-up of hyperlocal commerce and soft F&L demand.
Oil to Chemicals business witnessed a growth of 10% YoY in the EBITDA, despite sanctions and severe dislocation towards year-end.
Preguntas abiertas
- What specific factors contributed most to the Oil to Chemicals business growth despite sanctions?
- What are the specific targets for the digital and retail segments in the upcoming financial year?
- How will the company navigate potential future sanctions or global economic disruptions?
