Highest - Profit making company in India is
A) Tata Sons
B) Reliance Industries
C) Indian Oil
D) ONGC
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Tata sons is correct answer
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Reliance Industries Limited (RIL) is an Indian conglomerate holding companyheadquartered in Mumbai, Maharashtra, India. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is one of the most profitable companies in India,[4] the largest publicly traded company in India by market capitalization,[5] and the second largest company in India as measured by revenue after the government-controlled Indian Oil Corporation.[6] On 18 October 2007, Reliance Industries became the first Indian company to breach $100 billion market capitalization.[7][8] The company is ranked 203rd on the Fortune Global 500 list of the world's biggest corporations as of 2017.[9] It is ranked 8th among the Top 250 Global Energy Companies by Platts as of 2016. Reliance continues to be India’s largest exporter, accounting for 8% of India's total merchandise exports with a value of Rs 147,755 crore and access to markets in 108 countries.[10]Reliance is responsible for almost 5% of the government of India's total revenues from customs and excise duty. It is also the highest income tax payer in the private sector in India.[10]
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