Reliance Industries Limited (RIL) is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. Backward vertical integration has been the cornerstone of the evolution and growth of Reliance. Starting with textiles in the late seventies, Reliance pursued a strategy of backward vertical integration - in polyester, fibre intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production - to be fully integrated along the materials and energy value chain. The company currently operates in five major segments: exploration and production, refining and marketing, petrochemicals, retail and telecommunications.
RIL is one of the largest publicly traded companies in India by market capitalisation and is the second largest company in India by revenue after Indian Oil Corporation. It is also India's second largest private sector company by revenue and profit. Reliance enjoys global leadership in its businesses, being the largest polyester yarn and fibre producer in the world and among the top five to ten producers in the world in major petrochemical products.
Major Group Companies are Reliance Industries Limited, including its subsidiaries and Reliance Industrial Infrastructure Limited.
The company is ranked 99th on Fortune Global 500 list of the world's biggest corporations for the year 2012.
Currency in
Millions of Indian Rupees | As of: | Mar 31
2010
| Mar 31
2011 | Mar 31
2012 | Mar 31
2013 | Revenues | 2,037,397.2 | 2,658,110.0 | 3,585,010.0 | 3,970,620.0 | TOTAL REVENUES | 2,037,397.2 | 2,658,110.0 | 3,585,010.0 | 3,970,620.0 | Cost Of Goods Sold | 1,633,754.3 | 2,148,780.0 | 3,099,740.0 | 3,473,360.0 | GROSS PROFIT | 403,642.9 | 509,330.0 | 485,270.0 | 497,260.0 | Selling General & Admin Expenses, Total | 91,200.7 | 110,240.0 | 121,690.0 | 150,260.0 | Depreciation & Amortization, Total | 109,458.0 | 141,210.0 | 124,010.0 | 112,320.0 | Other Operating