Reliance becomes first Indian firm to hit ₹10L crore revenue
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Reliance Industries Limited (RIL) has set a new record, by becoming the first Indian company to surpass ₹10 lakh crore in annual revenues. The announcement was made by RIL Chairman Mukesh Ambani during the company's 47th annual general meeting (AGM). Ambani also disclosed RIL's earnings before interest, tax, depreciation, and amortization (EBITDA) for FY24, which stood at ₹1.78 lakh crore. The company's net profit was reported to be ₹79,020 crore.