Reliance becomes first company in India to cross Rs 10 lakh crore revenue in FY 2024

Daily Current Affairs / Reliance becomes first company in India to cross Rs 10 lakh crore revenue in FY 2024

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Category : Business and economics Published on: September 03 2024

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Reliance Industries Limited (RIL) became the first Indian company to surpass ₹10 lakh crore in annual revenue for FY 2023-24, achieving a record turnover of ₹10,00,122 crore (USD 119.9 billion) with a net profit of ₹79,020 crore (USD 9.5 billion).
RIL's CSR spending increased by 25% to ₹1,592 crore (USD 191 million) in the last year, making it the largest CSR contributor among Indian corporates, with total CSR expenditure exceeding ₹4,000 crore (USD 502 million) over the past three years.