Reliance Industries

Mumbai conglomerate whose largest segment is oil to chemicals

Overview

Reliance Industries operates oil to chemicals, oil and gas, retail, digital services and financial services segments.[2] Fortune classifies it under petroleum refining and records revenue of US$119.7bn, up 4.9% on 2024, and profit of US$9,142m.[1] With 419,911 employees it is the most diversified company in this list, and its revenue includes retail and telecommunications.[1][2]

Reliance Industries strengths and limitations

Strengths

  • Revenue grew 4.9%, one of few increases in the list
  • Diversified earnings

Limitations

  • Revenue includes retail and telecoms, not only oil and gas
  • Not directly comparable with pure oil companies

Appears in

Reliance Industries peers and competitors

Companies ranked in the same lists as Reliance Industries.

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