Let’s fuel up and dive into Reliance Industries’ profit and loss journey from 2013 to the trailing twelve months of 2024 to see what’s driving this titan. Revenue has roared from 3,59,195 in 2013 to 5,31,219, a hefty climb with a big leap post-2021, peaking at 5,37,909 in 2023—growth’s been robust, though dips like 2,31,743 in 2016 hint at oil price volatility, with no clear seasonality but a clear upward trend from diversified bets like Jio and retail. Profit margins tell a solid story—operating profit margin spiked to 18% in 2017-2018 from 9% in 2013, settling at 12% in TTM, while net profit margin hovers around 6-8%, showing resilience but not blockbuster gains, squeezed by rising costs. Expense management is tight—COGS and operating expenses scale with sales, jumping from 3,28,360 to 4,68,243, but operating profit still grew to 62,976, a sign of disciplined cost control despite heftier depreciation from 9,465 to 18,373, reflecting big asset bets. EBIT trends upward, hitting 65,381 in 2024 from 29,320 in 2013, and EPS has climbed from 15.25 to 26.10, though peaks like 32.66 in 2023 show profit swings tied to tax anomalies—like a -17% rate in 2021 boosting net profit to 31,944. ROE at 8.42% and ROA around 4% (based on recent assets of 9,68,452) lag industry leaders, signaling modest efficiency on capital and assets. Exceptional items aren’t glaring, but other income spikes—like 19,114 in 2021—suggest one-off boosts. For stability, revenue’s consistent long-term, profitability holds steady, and earnings growth is solid—Reliance looks financially sound, a growth engine for investors and traders, though margins and returns suggest it’s still revving up its full potential.