Biology of Business

Annual Report 2022-23

Reliance Industries Limited

Reliance Industries Limited (2023)

TL;DR

World's largest single-site refinery anchors vertical integration spanning oil extraction to retail stores.

By Alex Denne

Primary source for Reliance Industries case study data including revenue, vertical integration structure, and business segments.

Key Findings from Limited (2023)

  • Rs 7.94 trillion (~$96 billion) revenue in FY23, up 28.4% YoY
  • Rs 737 billion net profit in FY23, up 11.3% YoY
  • Jamnagar: world's largest single-site refinery at 1.4 MMBPD capacity
  • 77 MMT total throughput, 66.4 MMT saleable production in FY23
  • Cracker-integrated sites at Hazira, Dahej, Nagothane, Vadodara
  • Global top ten rankings for fuels, polymers, aromatics, fiber intermediates

Related Mechanisms for Annual Report 2022-23

Related Organisations for Annual Report 2022-23