Lite Updates

Reliance Industries Becomes First Indian Company to Cross $120 Billion in Annual Revenue for FY26

StartupFox Desk

Reliance Industries closed FY26 by becoming the first Indian enterprise to surpass $120 billion in annual revenue.

The historic milestone was driven by consolidated growth across its Oil-to-Chemicals, telecom (Jio), and retail divisions.

RIL's conglomerate structure allows it to use cash flows from its legacy refining business to aggressively fund digital and retail expansions.

The sheer scale of this revenue gives RIL an unmatched balance sheet to self-fund future mega-projects, including its massive transition into green energy.

Read the full story on StartupFox

Read full story