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The Economic Times
The Economic Times

Reliance Industries becomes first Indian company to surpass $120 bln revenue mark in FY26

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.

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