Reliance included in the list of top 25 global corporate veterans: India’s top company Reliance Industries has become the 21st top company globally, with a total assets of $ 118 billion. Saudi Aramco is the number one company globally with a net worth of $ 440 billion. Google’s alphabet ranks second with $ 345 billion, while Microsoft is third with $ 303 billion.
Increase in earnings of energy sector companies
According to media reports, eight companies in the energy sector have been included in the list of global corporate veterans. Which shows that the region is earning. Five and four companies from communication services and consumer discretionary areas are also included. It is noteworthy that financial sector companies are excluded from this list. The company has been ranked among global corporate giants based on its net assets. Which reflects the financial strength of the company.
Reliance shares up 5 percent
Reliance is the top company in the country with a market cap of Rs 18 lakh crore. Reliance shares rose 5 percent to 1365.50 today after strong quarterly results and dividend-bond announcements. Which was trading above 4.91 percent at 1.06 pm. Today its market cap has increased by 89 thousand crores. In FY 2024-25, the company’s net profit increased by 3 percent (Rs 81309 crore). Pure income increased by 7.1 percent to Rs. 9.6 lakh crore has been recorded with an increase of Rs 9.6 lakh crore and EBITDA 2 percent with an increase of Rs 1.7 lakh crore.
Development even in challenging circumstances
Mukesh Ambani, chairman of Reliance Industries, said the year has been very challenging due to global factors including weak economic situation and geopolitical crisis. However, our focus was on performance based on operational discipline, customer-focused innovation and India’s development requirements. Due to which Reliance has been successful in giving strong and stable financial performance this year.
Bond and dividend reward
The company board announced financial results and declared a dividend of Rs 2500. Investors get Rs 100 per share. It has announced a 5.5% dividend. In addition, Rs. Through 10000 bonds. A plan to raise Rs 25,000 crore has also been announced. So far, the company’s stock has increased by 8 percent in the current calendar year.
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