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VOL. 7, ISSUE 4 (2025)
Financial performance analysis of reliance industries limited (RIL): A three-year study (2022–23 to 2024–25)
Authors
Prashant Prahladbhai Patel
Abstract
The purpose of this research is to analyze the
financial performance of Reliance Industries Limited (RIL) over a period of
three financial years, from 2022–23 to 2024–25. The study applies ratio
analysis, trend analysis, and the DuPont three-step model to examine
profitability, efficiency, leverage, and overall financial health. Data has
been collected from consolidated annual reports of the company. The results
indicate that while revenue has been increasing consistently, profitability
indicators and return ratios such as ROA and ROE have shown a declining trend.
The DuPont analysis reveals that the primary reason for the decline in ROE is
the fall in asset turnover, caused by rapid asset expansion. This research
provides insights into corporate financial performance and supports
decision-making for investors, analysts, and stakeholders.
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Pages:37-39
How to cite this article:
Prashant Prahladbhai Patel "Financial performance analysis of reliance industries limited (RIL): A three-year study (2022–23 to 2024–25)". International Journal of Finance and Commerce, Vol 7, Issue 4, 2025, Pages 37-39
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