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

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.
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