CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which among the company has beated Indian Oil Corporation to become the country’s biggest company by revenue?
A
Reliance Industries
B
Bharat Petroleum
C
Hindustan Petroleum
D
Cairn India
Explanation: 

Detailed explanation-1: -Reliance Industries Ltd (RIL), headed by India’s richest man Mukesh Ambani, has emerged the biggest company by revenue, toppling state-owned Indian Oil Corporation (IOC).

Detailed explanation-2: -The Revenue from Operations of IndianOil is ₹2,28,168 crores in Q3 2022-23 as compared to ₹1,97,168 crores in the corresponding quarter of last year. The Net Profit for the third quarter of FY 2022-23 is ₹448 crores as compared to ₹5,861 crores in the corresponding quarter of last year. IndianOil Chairman, Mr. S. M.

Detailed explanation-3: -IndianOil reported Revenue from Operations of ₹7,28,460 crores for FY 2021-22 as compared to ₹5,14,890 crores in previous financial year.

There is 1 question to complete.