Reliance Historical Income Statement

RELIANCE   1,204  10.55  0.87%   
Historical analysis of Reliance Industries income statement accounts such as Total Revenue of 10.9 T, Gross Profit of 2.7 T, Other Operating Expenses of 9.5 T or Operating Income of 1.4 T can show how well Reliance Industries Limited performed in making a profits. Evaluating Reliance Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Reliance Industries's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Reliance Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Reliance Industries is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Industries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Reliance Income Statement Analysis

Reliance Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Reliance Industries shareholders. The income statement also shows Reliance investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Reliance Industries Income Statement Chart

At present, Reliance Industries' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 195 B, whereas Total Other Income Expense Net is projected to grow to (79.9 B).

Total Revenue

Total revenue comprises all receipts Reliance Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Reliance Industries Limited minus its cost of goods sold. It is profit before Reliance Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Reliance Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Reliance Industries Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from Reliance Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Reliance Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Industries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, Reliance Industries' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 195 B, whereas Total Other Income Expense Net is projected to grow to (79.9 B).
 2022 2023 2024 2025 (projected)
Interest Expense195.7B219.4B252.3B264.9B
Depreciation And Amortization403.0B508.3B584.6B613.8B

Reliance Industries income statement Correlations

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Reliance Industries Account Relationship Matchups

Reliance Industries income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization265.7B297.8B403.0B508.3B584.6B613.8B
Interest Expense179.1B144.4B195.7B219.4B252.3B264.9B
Selling General Administrative69.9B88.9B119.4B161.5B185.8B195.0B
Selling And Marketing Expenses126.8B159.8B197.4B209.9B241.4B253.4B
Total Revenue4.7T7.0T8.8T9.0T10.4T10.9T
Gross Profit1.3T1.7T2.5T2.3T2.6T2.7T
Other Operating Expenses4.1T6.2T7.8T7.8T9.0T9.5T
Operating Income535.1B792.4B1.0T1.1T1.3T1.4T
Ebit535.1B792.4B1.0T1.3T1.5T1.5T
Ebitda800.8B1.1T1.4T1.8T2.0T2.1T
Cost Of Revenue3.4T5.3T6.3T6.7T7.8T8.1T
Total Operating Expenses737.0B855.9B1.5T2.3T2.6T2.7T
Income Before Tax554.6B841.4B948.0B1.0T1.2T1.3T
Total Other Income Expense Net(51.0B)(15.1B)(104.6B)(93.4B)(84.1B)(79.9B)
Net Income491.3B607.1B667.0B696.2B800.6B840.7B
Income Tax Expense17.2B163.0B207.1B257.1B295.6B310.4B
Net Income From Continuing Ops537.4B678.5B740.9B790.2B908.7B496.4B
Net Income Applicable To Common Shares393.5B491.3B607.1B667.0B767.1B437.0B
Minority Interest992.6B(71.4B)(73.9B)(94.0B)(108.1B)(102.7B)
Tax Provision17.2B163.0B207.1B257.1B295.6B154.0B
Interest Income157.1B21.6B196.1B107.5B123.6B95.0B
Net Interest Income(211.9B)(145.8B)(195.7B)(231.2B)(208.1B)(197.7B)
Reconciled Depreciation265.7B298.0B403.2B508.3B584.6B325.9B

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Other Information on Investing in Reliance Stock

Reliance Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Reliance Industries shareholders. The income statement also shows Reliance investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).