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.