Reliance industries exceeds Rs 1 lakh crore in national contributions for sixth consecutive year

Reliance Industries Ltd (RIL) has once again surpassed Rs 1 lakh crore in its contributions to the national exchequer for the sixth consecutive year. For the fiscal year 2023-24, RIL’s contribution reached Rs 1,86,440 crore.

The company proudly announced on X that it continues to lead as India’s largest corporate donor. RIL’s previous contributions were Rs 1,77,173 crore in FY2022-23 and Rs 1,88,012 crore in FY2021-22.

“For the sixth consecutive year, RIL’s contribution to the national exchequer has surpassed Rs 1 lakh crore! We’re also proud to continue leading as India’s largest corporate philanthropy,” the company said in a post on X.

For the sixth consecutive year, RIL’s contribution to the national exchequer has surpassed ₹1 lakh crore! We're also proud to continue leading as India’s largest corporate philanthropy.#RelianceAR #RILAnnualReport #WeCare #RelianceForAll pic.twitter.com/SQF4KqJM8V

— Reliance Industries Limited (@RIL_Updates) August 13, 2024

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The past year marked several milestones for Reliance, reinforcing its status as a major private sector contributor to capital assets in India. Mukesh Ambani, chairman and managing director of RIL, highlighted the company’s upcoming impact on the global renewable energy sector, noting it will be a significant disruptor.