Reliance Jio reported a revenue close to 1.3 trillion rupees in fiscal year 2024. Values showed an exponential growth in revenue since 2019. It is owned by India's richest person, Mukesh Ambani, and a wholly owned subsidiary of Reliance Industries Limited, the telecommunications company.
Insights into Reliance Industries Limited in India
Reliance Industries limited is a multinational company, headquartered in Mumbai. It operates in varied sectors such as health, chemicals, retail, oil and gas, and financial services. Over the past few years, the company experienced a significant growth in its net worth despite the pandemic in 2020. The net worth of Reliance Industries Limited stood at 7.4 trillion Indian rupees, increasing about 50 percent compared to the net worth in 2020. Despite massive layoffs worldwide during and after the COVID-19 pandemic, the number of employees at Reliance Industries Limited has been increasing constantly for the last decade.
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RIL. (August 7, 2024). Revenue of Reliance Jio from financial year 2019 to 2024 (in billion Indian rupees) [Graph]. In Statista. Retrieved February 13, 2025, from https://www.statista.com/statistics/1074495/india-reliance-jio-net-revenue/?__sso_cookie_checker=failed
RIL. "Revenue of Reliance Jio from financial year 2019 to 2024 (in billion Indian rupees)." Chart. August 7, 2024. Statista. Accessed February 13, 2025. https://www.statista.com/statistics/1074495/india-reliance-jio-net-revenue/?__sso_cookie_checker=failed
RIL. (2024). Revenue of Reliance Jio from financial year 2019 to 2024 (in billion Indian rupees). Statista. Statista Inc.. Accessed: February 13, 2025. https://www.statista.com/statistics/1074495/india-reliance-jio-net-revenue/?__sso_cookie_checker=failed
RIL. "Revenue of Reliance Jio from Financial Year 2019 to 2024 (in Billion Indian Rupees)." Statista, Statista Inc., 7 Aug 2024, https://www.statista.com/statistics/1074495/india-reliance-jio-net-revenue/?__sso_cookie_checker=failed
RIL, Revenue of Reliance Jio from financial year 2019 to 2024 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1074495/india-reliance-jio-net-revenue/?__sso_cookie_checker=failed (last visited February 13, 2025)
Revenue of Reliance Jio from financial year 2019 to 2024 (in billion Indian rupees) [Graph], RIL, August 7, 2024. [Online]. Available: https://www.statista.com/statistics/1074495/india-reliance-jio-net-revenue/?__sso_cookie_checker=failed