Realising
Aspirations
Welcome to our
Integrated Annual Report
2024-25
Pursue your goals even in the face of difficulties, and convert adversities into opportunities.
Shri. Dhirubhai H. Ambani Founder Chairman
Reliance Industries Limited (RIL) is India’s largest private sector enterprise and a Fortune Global 500 leader.
Its presence across energy, retail, telecom, media and green technologies touches millions of lives every day, contributing to the nation’s unstoppable growth momentum. As India dreams bigger and strides confidently forward, Reliance fuels that ambition with relentless passion, living by its unshakeable belief that ‘Growth is Life’.
First Indian company to cross Consolidated Total Equity of over
L 0 Crore
Empowering India’s economy
Exports
CSR Contribution
People
Proud champion of Make In India
Fortune Global 500
most influential companies 2024
Forbes Global 2000
CHAIRMAN AND MANAGING DIRECTOR’S STATEMENT
What is Good for India
is Good for Reliance
Dear Shareholders,
Nearly fifty years ago, our visionary founder,
Shri Dhirubhai Ambani, embarked on a bold mission — to prove that India could build a
world-class enterprise founded on innovation, integrity, and ambition. That belief
became Reliance. And over the decades, Reliance has grown from an idea into one of the
world’s most admired enterprises — a symbol of India’s entrepreneurial spirit and its
limitless potential.
Shri. Mukesh D. Ambani
Chairman and Managing
Director,
Reliance Industries Limited
Retail
REVENUE
7.9%
L3,30,943
Crore
US$ 38.7 Billion
EBITDA 8.6%
L25,094
Crore
US$ 2.9 Billion
India’s top retailer, delivering exceptional reach, providing quality products and superior customer experience through a unified network of stores and cutting-edge digital platforms.
Consumption Baskets
Consumer Electronics, Grocery, Fashion and Lifestyle,
and Connectivity
Strategic Objective
Transform the retail landscape through synergistic
partnerships creating shared wins for all stakeholders
across the retail value chain. Guided by innovation and
relentless focus on customer-centricity, Reliance Retail
will continue to deliver exceptional value and a
differentiated experience to Indian consumers across key
categories and omnichannel platforms—shaping the future of
retail in India.
Digital Services
REVENUE 15.9%
L1,54,119
Crore
US$ 18.0 Billion
EBITDA 14.7%
L65,001 Crore
US$ 7.6 Billion
India’s unmatched digital powerhouse, serving over 488 million subscribers with the widest converged network and innovative digital solutions.
Ecosystem Platforms
Connectivity and Cloud, Digital Commerce, Media/Gaming, Education,
Agriculture, eGovernance, and Healthcare
Strategic Objective
Leverage indigenously developed technologies and
partnerships to provide best-in-class products and services
for customers across and beyond India.
Media & Entertainment
REVENUE
74.3%
L20,696
Crore
US$ 2.4 Billion
EBITDA
139.6%
L1,833
Crore
US$ 0.2 Billion
India’s largest Media & Entertainment platform, engaging daily with over 400 Mn+ viewers in a mobile-first, multi-screen, real-time market.
Media Platforms
Entertainment, Sports, News, OTT, Digital, Television, Content
Production, Films, and on-ground Events
Strategic Objective
Our goal is to be the leading provider of content and
unparalleled entertainment experiences across diverse
genres, regions, and languages, reaching audiences on their
preferred platforms.
Oil to Chemicals
REVENUE
11.0%
L6,26,921
Crore
US$ 73.4 Billion
EBITDA
11.9%
L54,988
Crore
US$ 6.4 Billion
A global leader in Oil-to-Chemicals, delivering high-quality transportation fuels and petrochemical products through advanced integration, optimised conversion, and a strong focus on sustainable, high-value chemical solutions.
Products
Transportation Fuels, Polymers & Elastomers, Intermediates,
and Polyesters
Strategic Objective
Cater to India’s growing energy and materials demand while
ensuring sustainability through circular economy
initiatives. Targets to become Net Carbon Zero by 2035.
Oil and Gas
REVENUE
3.2%
L25,211
Crore
US$ 2.9 Billion
EBITDA
4.9%
L21,188
Crore
US$ 2.5 Billion
A leading contributor to India’s Exploration and Production sector, overseeing an upstream portfolio that covers deep and ultra-deepwater oil and gas reserves, as well as coal bed methane blocks.
Capabilities
Exploration, Field Development, Field Management, and Operations
Strategic Objective
Deliver sustainable growth and maximise stakeholder value by
safely and responsibly exploring, producing, and marketing
hydrocarbons, while enhancing productivity to meet India’s
energy needs. Key focus is on reserves accretion via
commercialisation of discovered resources and
infrastructure-led exploration.
STAKEHOLDER VALUE CREATION
Consistently Delivering Inclusive Growth
Value Added Statement
(Consolidated)
Value added is defined as the value created by the
activities of a business and its
employees.
CONTRIBUTION TO NATIONAL EXCHEQUER
H2,10,269 Crore
L1,86,440 Crore (FY 24)
REINVESTED IN THE GROUP TO MAINTAIN AND DEVELOP OPERATIONS
H1,40,151 Crore
L1,35,880 Crore (FY 24)
PROVIDERS OF DEBT
H42,552 Crore
L38,340 Crore (FY 24)
EMPLOYEE BENEFITS
H28,559 Crore
L25,679 Crore (FY 24)
PROVIDERS OF EQUITY CAPITAL
H6,766 Crore
L6,089 Crore (FY 24)
CONTRIBUTION TO SOCIETY
H2,156 Crore
L1,592 Crore (FY 24)
TOTAL VALUE ADDED IN FY 2024-25
H0 Crore
(L3,94,020 Crore in FY 2023-24)
Integrated Approach to
Sustainable Growth
Natural Capital
Building a greener future through innovation and stewardship
BRSR Principles
UN SDGs
Manufactured Capital
Integrating deep-technology and advanced manufacturing to propel growth for a Viksit Bharat
BRSR Principles
UN SDGs
Intellectual Capital
Driving innovation for a sustainable and self-reliant future
BRSR Principles
UN SDGs
Social and Relationship Capital
Fostering sustainable communities and inspiring a Viksit Bharat
BRSR Principles
UN SDGs
Risk and Governance
Reliance Risk Management Framework is an integrated structure designed for a consistent, robust, and proactive approach to identify and manage risks across the Group. It ensures that riskrelated activities are systematically designed, implemented, and monitored for effective response and resilience.
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