MANAGEMENT OF FINANCIAL CHALLENGES: THE RESILIENCE AND GROWTH OF RELIANCE INDUSTRIES LIMITED – AN OVERVIEW
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https://doi.org/10.8224/journaloi.v74i1.930##semicolon##
Reliance Industry##common.commaListSeparator## Economic Growth & Challenges##common.commaListSeparator## Way to forwardसार
This research paper examines the performance of Reliance Industries Limited (RIL) during FY 2022-23 amidst global economic challenges, including geopolitical conflicts, inflationary pressures, and supply chain disruptions. Despite these challenges, RIL reported significant revenue growth across all operating segments, with consolidated revenues reaching ₹9,74,864 crore, reflecting a 23.6% increase from the previous fiscal year. The paper analyses the strategic initiatives, operational efficiencies, and market expansions that contributed to RIL's resilience, particularly in its Oil-to-Chemicals (O2C), Retail, and Digital Services segments. The findings underscore RIL's ability to adapt to changing market conditions while positioning itself for sustainable growth.
