Business Standard

Reliance Industries tops Fortune India-500 list second year in a row

Accounts for 7 per cent of cumulative revenues, 11 per cent of profits; ICICI Bank, L&T make it to top 10

Mukesh Ambani. Photo: Bloomberg
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File: Mukesh Ambani, chairman of Reliance Industries. Photo: Bloomberg

Ishita Ayan Dutt Kolkata
Mukesh Ambani-led Reliance Industries has topped the Fortune India-500 list for the second straight year, accounting for seven per cent of cumulative revenues and 11 per cent profit of the companies featured.

Last year, RIL pipped public sector Indian Oil Corporation to make it to the top slot for the first time. The Fortune India 500 list is based on revenue and the figures this year pertain to fiscal year 2019-2020. 

This year, ICICI Bank, ranked nine and Larsen & Toubro at 10 made it to the top 10, as Coal India and Tata Steel slipped out; Tata Steel had

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