Mukesh Ambani has set an ambitious target for Reliance Industries. What could this mean for the company’s future?
Ambani aims to propel Reliance into the top 30 global companies, building on its current position among the top 50.
Reliance’s focus on Deep-Tech and Advanced Manufacturing is the key to achieving its goal of joining the top 30 global firms.
In FY24, Reliance became the first Indian company to surpass ₹10 lakh crore in annual revenue, setting a new industry standard.
Despite hitting record revenue, Reliance reported a 5% drop in Q1 net profit for 2024, totaling ₹15,138 crore.
With an EBITDA of ₹1,78,677 crore in FY24, Reliance showcases strong financial health, aligning with its global ambitions.