Reliance Industries

Reliance Industries Ltd (RIL) is a diversified company with business interests in energy, petrochemicals, textiles, retail, entertainment, materials and telecommunication sectors. The company carries out the exploration, development and production of oil and gas, refining of crude oil, marketing of petroleum products, and production of petrochemicals. Its refined products include propylene, gasoline, naphtha, kerosene, alkylate, sulphur and petroleum coke. The company commercializes petrochemical products, including aromatics, elastomers and polyesters. It operates a range of retail stores comprising food and grocery specialty, footwear, hypermarkets and other specialty stores. It also provides telecommunication, broadband internet, security and other digital services. RIL is headquartered in Mumbai, Maharashtra, India.The company reported revenues of (Rupee) INR7,216,340 million for the fiscal year ended March 2022 (FY2022), an increase of 48.4% over FY2021. In FY2022, the company’s operating margin was 11.6%, compared to an operating margin of 11.1% in FY2021. In FY2022, the company recorded a net margin of 8.4%, compared to a net margin of 10.1% in FY2021. The company reported revenues of INR2,328,630 million for the second quarter ended September 2022, an increase of 4.4% over the previous quarter.