With a sales turnover of Rs 60,000 crore, Reliance is the largest Indian private sector group, followed by the Tatas (sales: Rs 40,000 crore). It tops in asset rankings as well, with assets of over Rs 55,000 crore.
Likewise, by recording a net profit of Rs 4,600 crore in 2001-02, it tops in net profit rankings too. The flagship firm Reliance Industries, with aggregated sales of over Rs 58,000 crore (after the merger of Reliance Petroleum), is the second-largest company in the Indian corporate sector after the public sector behemoth Indian Oil Corporation (sales: over Rs 1,00,000 crore). The merged Reliance entity will rank second in terms of net profit (ONGC ranks first with a net profit of Rs 6,198 crore) and third in terms of capitalisation.
Around 1993-1994, the Reliance group ranked behind the Tatas and the Birlas.
The net sales of the two companies