Reliance Industries (RIL) is all set to announce its financial results for the quarter ending June 30, 2022 (Q1FY23), on Friday. Its subsidiaries, Reliance Jio and Reliance Retail, will also announce their results on Friday. The company, in FY22, had become the first Indian company to clock a revenue of over $100 billion.
In FY22, the company reported a 47 per cent growth year-on-year (Y-o-Y) in the gross revenue. It was $104.6 billion or Rs 7.92 trillion. For Q4FY22, the consolidated gross revenue for the company stood at Rs 2.32 trillion, 35.1 per cent higher than the same quarter in