“An integral part of Reliance’s philosophy is its commitment to empower and enhance the quality of lives of millions of people. During the year, Reliance Foundation continued to provide accelerated high impact solutions to India’s multifarious development challenges. Various efforts of the Foundation have positively impacted several hundreds of thousands marginal households in areas of health, livelihoods, education and relief during natural calamities. Our sports initiatives, aimed at development of youth and reviving the sporting landscape in the country, reached out to over 2 million school-going children. During the year, Reliance contributed Rs. 652 crore towards CSR activities, accounting for 2.38% of our profit after tax.”
– Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited.
July 15, 2016
(The above quote is a part of Mukesh D. Ambani, Chairman and Managing Director statement to shareowners published in its Comapny’s Annual Report 2015-16. Full statement can be accessed at Reliance Annual Report 2015-16)