Reliance Industries Limited

Reliance Industries Limited is a large publicly traded Indian conglomerate. Headquartered in Mumbai, Reliance has interests in energy, petrochemicals, telecommunications, retail, textiles, and new energy business.

Reliance operates one of the largest and most integrated oil refining and petrochemical complexes, with export-focused refining assets in Jamnagar, India. The company has the capacity to process over 1.4 million barrels of crude oil per day at its refineries. In addition, Reliance is a leading producer of polymers, polyester fiber, PTA and MEG in India catering to strong domestic demand growth. As of the Q2 on this FY, the company has recorded a quarterly EBITDA of US$ 5.4 billion (up 30% YoY) and a net profit of US$ 2.4 billion with the highest ever quarterly Retail segment EBITDA with strong footfalls and 80 bps margin expansion.

The company serves millions of customers daily across consumption baskets including consumer electronics, lifestyle, grocery, and consumer brands through online and offline channels. Over the last few years, Reliance has undertaken several strategic partnerships and investments to bolster its new energy and green initiatives. This includes solar and battery manufacturing and hydrogen production to support India's green economy goals.