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The Economic Times
The Economic Times

Mukesh Ambani forgoes salary for sixth straight year as Reliance clocks record profit

New Delhi: Reliance Industries Ltd (RIL) said it secured multiple landmark overseas financing deals in FY26, including the largest Samurai loan raised by an Indian corporate, while Chairman and Managing Director Mukesh Ambani continued to forgo salary for the sixth consecutive year despite the company posting record profits.

According to RIL's Integrated Annual Report 2025-26, S&P Global Ratings upgraded the company's international debt rating from BBB+ to A- in December 2025, reflecting the "rising contribution from less cyclical, consumer-facing businesses resulting in improved earnings stability."

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