Indian Richest Mukesh Ambani Backed Oil to Telecom Major Reliance Industries limited top’s the chart to become Biggest Indian Company in terms of Revenue and in terms of Profit.
RIL topples State owned Indian Oil Corporation commonly known as IOC.
During fiscal 2018-19 RIL Turnover stood at 6.23 lakh crore. Where IOC’s turnover stood at 6.17 lakh crore.
Till last year IOC was the most profitable PSU company but it may lost position from here because state owned ONGC make take crown of the Most profitable PSU in 2018-19.