Business Standard

Sunday, December 22, 2024 | 12:53 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Reliance Industries topped the growth charts in the last 20 years

In the last 20 years, RIL's net profit has grown at a CAGR of 15.7 per cent

Reliance Industries, RIL
Premium

RIL's net profit at consolidated level has jumped 18.5 times in the last two-decades growing from Rs 3280 crore in FY02 to Rs 60,705 crore in FY22. | Photo: Shutterstock

Krishna Kant Mumbai
Reliance Industries Limited (RIL) has been one of the top performing companies in the large cap space under the chairmanship of Mukesh Ambani and has beaten the broader market both in terms of earnings growth and shareholder returns. In the last 20 years, RIL’s net profit has grown at a compound annual growth rate (CAGR) of 15.7 per cent while its net sales have grown at a CAGR of 15.1 per cent. RIL’s net profit at consolidated level has jumped 18.5 times in the last two decades growing from Rs 3280 crore in FY02 to Rs 60,705 crore in FY22;

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in