Mukesh Ambani’s Reliance Industries Becomes FIRST Indian Company To Join Global Top 25

Reliance Industries Ltd. has achieved a remarkable milestone by entering the global top 25 companies list with a net worth of $118 billion for FY25. On April 25, India’s largest company joined an elite league of corporate giants, including Saudi Aramco, Alphabet Inc., and Microsoft, as ranked by net worth.

Mukesh Ambani’s Reliance Industries Becomes FIRST Indian Company To Cross Rs 10 Lakh Crore Net Worth

With its net worth of $118 billion, Reliance secured the 21st position globally. It is closely following Alibaba Group, AT&T Inc., and France’s TotalEnergies, according to Bloomberg data. Leading the rankings is Saudi Aramco, boasting a net worth of $440 billion. Alphabet Inc. and Microsoft follow with valuations of $345 billion and $303 billion, respectively.

The list is heavily dominated by energy companies, which account for eight of the top entries, highlighting the capital-intensive nature of the sector. Communication Services and Consumer Discretionary follow, featuring five and four companies, respectively. Notably, companies from the financial sector were excluded from this ranking. Net worth is also known as shareholder equity. It indicates a company’s financial strength. It is calculated by subtracting total liabilities from total assets.

“The year has been challenging for the global business environment, with weak macroeconomic conditions and a shifting geopolitical landscape,” said Mukesh Ambani, Chairman of Reliance Industries. “Our focus on operational discipline, customer-centric innovation, and fulfilling India’s growth requirements has helped Reliance deliver a steady financial performance during the year,” Ambani added.

Reliance Industries’ Net Worth

Reliance became the first Indian company to surpass the Rs 10 lakh crore net worth threshold. For FY25, the conglomerate reported a 3% increase in net profit, reaching Rs 81,309 crore ($9.6 billion), while net revenue rose by 7.1% to Rs 9.6 lakh crore. EBITDA also saw a record high of Rs 1.7 lakh crore, reflecting a 2% year-on-year growth. Before the earnings announcement, Reliance shares remained stable, closing at Rs 1,300.40 on the NSE. The stock has increased by 7% year-to-date. It outperformed the Nifty50 index, which has gained less than 2% during the same timeframe.

Also Read: Reliance Entertainment Group CEO Shibasish Sarkar tests positive for Covid-19

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