Our dreams have to be bigger.
Our ambitions higher.
Our commitment deeper.
And our efforts greater.
This is my dream for Reliance
and for India.
Shri Dhirubhai H. Ambani Founder Chairman
company in India. The growth of Reliance mirrors the relentless spirit of dynamism and hope that
defines India. It is this spirit that Reliance is committed to foster, and it is articulated in our
timeless expression of intent, ‘Growth is Life’.
₹0,00,000 Crore
In market capitalisation; becomes world’s 48th most valuable company
₹0,00,000 Crore
Milestone
₹0,0 Crore
Exports
>0 Lakh
New Hires
₹0 Crore
CSR Contribution
#0
Fortune Global 500
#0
Forbes Global 2000
Chairman and Managing Director’s Statement
Leading India’s
Inclusive Growth Story
Dear esteemed shareholders,
A Purpose-driven Ecosystem
Our Mission:
Be the most admired, innovative and value generating organisation for all our stakeholders
Our Values:
Reliance at a glance
Empowering Every Indian, Every Day
Retail
Reliance Retail, India’s largest retailer, operates an integrated network of stores and digital commerce platforms, catering to diverse consumer needs across electronics, fashion, grocery and connectivity consumption baskets.
0
Retail stores
0 Million sq. ft.
Retail area
>0 Million
Registered customer base
REVENUE 
17.8%
17.8%₹0,00 Crore
US$ 36.8 Billion
EBITDA 28.4%
28.4%₹0 Crore
US$ 2.8 Billion
Digital Services
Jio has completed its planned True5G rollout across India. It is also accelerating the transformation of fixed broadband infrastructure in the country with its JioFiber and JioAirFiber solutions. The ability to offer connectivity services across customer cohorts and device form factors will enable Jio to address the digital needs of every Indian citizen.
481.8 Million
Subscribers EOP
148.5 Billion GB
Data traffic
108 Million
Users migrated to 5G network
REVENUE 
11.0%
11.0%
₹1,32,938 Crore
US$ 15.9 Billion
EBITDA 12.7%
12.7%
₹56,697 Crore
US$ 6.8 Billion
Media and Entertainment
Reliance has taken big strides in scaling-up the media and entertainment vertical in the last year.
12.7%
TV network viewership share (Includes Associate ETV)
227 Million1
Monthly reach of the digital news portfolio
225 Million2
JioCinema average monthly reach
#1
News channels in key genres
1 Source: Comscore MMX report, Mar’24
data
2 Source: Data.ai
REVENUE 
49.0%
49.0%₹10,826 Crore
US$ 1.3 Billion
EBITDA 
86.0%
86.0%₹33 Crore
US$ 4 Million
Oils to Chemicals
The Oil to Chemicals (O2C) business portfolio spans transportation fuels, polymers and elastomers, intermediates, and polyesters.
67.8 MMT
Production meant for sale
78.2 MMT
Total throughput
REVENUE 
5.0%
5.0%₹5,64,749 Crore
US$ 67.7 Billion
EBITDA 
0.5%
0.5%
₹62,393 Crore
US$ 7.5 Billion
Oil and Gas E&P
Key focus of the E&P business has been safe and reliable operations and project delivery while maximising production from its deepwater and Coal Bed Methane (CBM) fields.
> ₹20,000 Crore
Highest annual
EBITDA
242 BCF*
Gas Production (RIL’s share)
4.43 MMBBLs
Oil & Condensate Production (RIL’s share)
*Production figures include KG-D6 and CBM
Read More On Oil and Gas E&PREVENUE 
48.0%
48.0%₹24,439 Crore
US$ 2.9 Billion
EBITDA
48.6%
48.6%₹20,191 Crore
US$ 2.4 Billion
New Energy
Reliance has set out on an ambitious journey to become Net Carbon Zero by 2035. Our New Energy business is far more ambitious, far more transformational, and far more global in scope than anything we have ever done before. We firmly believe that as one of the biggest energy markets in the world, India will play a leading role in transforming the global energy landscape.
Read More On New Energy
REVENUE
(` crore)
2.6%
₹10,00,122 Crore
US$ 119.9 Billion
Strong revenue growth, supported by continued growth momentum in consumer businesses and upstream business.
PROFIT AFTER TAX
(` crore)
7.3%
₹79,020 Crore
US$ 9.5 Billion
Record net profit, led by strong operational performance across all businesses
EARNINGS PER SHARE
(`)
5.0%
₹102.9
Strong operating performance, with all businesses contributing to earnings growth.
NET WORTH
(` crore)
11.1%
₹7,42,922 Crore
US$ 89.1 Billion
Higher retained earnings led to Y-o-Y increase in net worth.
DEBT EQUITY RATIO
(times)
0.41
Decrease in debt to equity ratio due to lower debt and growth in retained earnings.
CURRENT RATIO
(times)
1.18
Current ratio rose due to decreased short-term borrowings and increased cash, signalling improved liquidity.
BOOK VALUE PER SHARE
(`)
10.9%
₹1,173
Book value per share increased year on year due to increase in reserves and surplus.
MARKET CAPITALISATION
(` crore)
27.7%
₹20,14,011 Crore
US$ 241.5 Billion
RIL becomes the first Indian listed company to cross the ₹ 20,00,000 crore milestone.
CONTRIBUTION TO NATIONAL EXCHEQUER
(` crore)
₹1,86,440 Crore
US$ 22.4 Billion
RIL retained its position as one of India’s largest corporate tax-payer, and also the leading contributor of indirect taxes in the private sector.
Stakeholder Value Creation
Driving Sustainable Growth
Value Added Statement (Consolidated)
Value added is defined as the value created by the activities of a business and its employees.
₹3,94,020 Crore
(Total Value Added in FY 2022-23
₹3,57,668 Crore)
₹0,0 Crore
Contribution to national exchequer
₹0 Crore
Contribution to society
₹0 Crore
Providers of equity capital
₹0,0 Crore
Reinvested in the group to maintain and develop operations
₹0 Crore
Providers of debt
₹0 Crore
Employee benefits
Note: All Revenue and EBITDA figures are
for
the year ended March 31, 2024
Integrated Approach to Sustainable Growth
Human
Capital
Building excellence and driving success by leveraging an empowered workforce
Read more
Manufactured
Capital
Augmenting manufacturing excellence to deliver sustainable products and services
Read more
Social and Relationship Capital
Building empowered communities by fostering collective prosperity
Read moreRisk and Governance
managing risks across the group and thus is fundamental to our performance and progress. The
integrated risk framework helps the Group to ensure that activities to manage risk are designed,
implemented and operating effectively.
Strategic and Commercial Risks
Safety and Operational Risks
Compliance and Control Risks
Financial Risks
Major Awards and Recognitions
