RIL 44th AGM: Financials Continue To Be Outstanding

Talking on the Financials the company's chairman took pride in its growth over the pandemic hit year. Net profit for the company was up 34%.

He went on to say the company's performance has been outstanding even in distressed time of coronavirus.

The company is the highest payers in the GST, VAT and income tax. Also, is the largest player in payment of customs and excise tax.

The company over the year raised a sum of Rs. 3,25,000 crore through marquee investors and this has helped the company become net debt free before the scheduled timeline.

The company also rewarded the company through the most successful rights issue. Retail shareholders have made 4 times return in just a year from the rights issue.

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