Reliance Historical Income Statement
RELIANCE | 1,265 42.40 3.47% |
Historical analysis of Reliance Industries income statement accounts such as Total Revenue of 9.5 T, Gross Profit of 2.4 T, Other Operating Expenses of 8.3 T or Operating Income of 1.2 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.
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.
Reliance |
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
Add Fundamental
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.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 169.6 B, whereas Total Other Income Expense Net is projected to grow to (88.7 B).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 144.4B | 195.7B | 219.4B | 230.3B | Depreciation And Amortization | 297.8B | 403.0B | 508.3B | 533.7B |
Reliance Industries income statement Correlations
Click cells to compare fundamentals
Reliance Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Reliance Industries income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 222.0B | 265.7B | 297.8B | 403.0B | 508.3B | 533.7B | |
Interest Expense | 198.6B | 179.1B | 144.4B | 195.7B | 219.4B | 230.3B | |
Selling General Administrative | 121.5B | 69.9B | 88.9B | 119.4B | 161.5B | 169.6B | |
Selling And Marketing Expenses | 121.1B | 126.8B | 159.8B | 197.4B | 209.9B | 220.4B | |
Total Revenue | 6.0T | 4.7T | 7.0T | 8.8T | 9.0T | 9.5T | |
Gross Profit | 1.5T | 1.3T | 1.7T | 2.5T | 2.3T | 2.4T | |
Other Operating Expenses | 5.3T | 4.1T | 6.2T | 7.8T | 7.9T | 8.3T | |
Operating Income | 673.2B | 535.1B | 792.4B | 1.0T | 1.1T | 1.2T | |
Ebit | 673.2B | 535.1B | 792.4B | 1.0T | 1.3T | 1.3T | |
Ebitda | 895.2B | 800.8B | 1.1T | 1.4T | 1.8T | 1.9T | |
Cost Of Revenue | 4.5T | 3.4T | 5.3T | 6.3T | 6.7T | 7.1T | |
Total Operating Expenses | 790.4B | 737.0B | 855.9B | 1.5T | 2.3T | 2.4T | |
Income Before Tax | 536.1B | 554.6B | 841.4B | 948.0B | 1.0T | 1.1T | |
Total Other Income Expense Net | (134.0B) | (51.0B) | (15.1B) | (104.6B) | (93.4B) | (88.7B) | |
Net Income | 393.5B | 491.3B | 607.1B | 667.0B | 696.2B | 731.0B | |
Income Tax Expense | 137.3B | 17.2B | 163.0B | 207.1B | 257.1B | 269.9B | |
Net Income From Continuing Ops | 398.8B | 537.4B | 678.5B | 740.9B | 790.2B | 496.4B | |
Net Income Applicable To Common Shares | 393.5B | 491.3B | 607.1B | 667.0B | 767.1B | 437.0B | |
Minority Interest | 121.8B | 992.6B | (71.4B) | (73.9B) | (94.0B) | (89.3B) | |
Tax Provision | 137.3B | 17.2B | 163.0B | 207.1B | 257.1B | 154.0B | |
Interest Income | 116.7B | 157.1B | 21.6B | 196.1B | 107.5B | 95.0B | |
Net Interest Income | (96.2B) | (211.9B) | (145.8B) | (195.7B) | (231.2B) | (219.6B) | |
Reconciled Depreciation | 222.0B | 265.7B | 298.0B | 403.2B | 508.3B | 325.9B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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).