SynopsisReliance Industries Chairman Mukesh Ambani did not take any salary in FY26, continuing a six-year trend. Reliance reported strong annual revenue growth despite profit decline in Q4, while Ambani’s children and senior executives received commissions and remuneration.APMukesh Ambani forwent salary for FY26 as Reliance crossed $124 billion revenue, while family members and executives received commissions and remuneration.Reliance Industries Chairman & Managing Director Mukesh Ambani has not drawn any salary for the financial year 2026, marking the sixth consecutive year India's richest man didn’t take any remuneration from the country's most valuable company.According to the company’s latest annual report, Ambani decided to continue his decision, first taken in 2020, to forgo all remuneration, including salary, allowances and other incentives, in light of COVID-19 pandemic’s devastating impact on the nation’s social, economic, and industrial health.Even before the pandemic, Mukesh Ambani voluntarily capped his total remuneration at Rs 15 crore for 12 consecutive years since FY09. With a net worth of nearly $100 billion, the 68-year-old billionaire ranks as the 21st richest person in the world, according to Forbes.Meanwhile, his children Isha Ambani Piramal and Akash Ambani, received Rs 5 lakh each as sitting fee and Rs 2.5 crore as commission for FY26. As a non-executive director till April 30, 2025, Anant Ambani received Rs 1 lakh as sitting fee and Rs 21 lakh as commission for the financial year which ended on March 31, 2026.Also read: Reliance Industries becomes first Indian company to surpass $120 bln revenue mark in FY26Among the executive directors, P.M.S Prasad earned Rs 20.58 crore, including Rs 20 crore in salary and perquisites and Rs 58 lakh in retiral benefits. Nikhil R. Meswani and Hital R. Meswani were paid Rs 14.56 crore each in FY26. Anant Ambani meanwhile earned Rs 12.17 crore during his tenure as the executive director from May 1.In his letter to RIL shareholders, Ambani wrote, “We are living through a once-in-a-generation transformation-where the boundaries between industries, technologies, and nations are being fundamentally redrawn. Global supply chains are being reconfigured. The energy transition is accelerating. The exponential rise of data and artificial intelligence is reshaping the architecture of the modern world. In such moments, history is not inherited—it is created.”RIL ResultsReliance Industries in April reported a 13% year-on-year (YoY) decline in its consolidated net profit at Rs 16,971 crore in the fourth quarter of 2025-26. The same stood at Rs Rs 19,407 crore in the year-ago quarter. Revenue from operations in the reporting period increased 13% YoY to Rs 2.98 lakh crore."Through FY26, we faced geopolitical disruptions, volatile energy prices and shifting global trade patterns. These headwinds weighed on businesses across the world. The breadth of our portfolio and strong domestic orientation helped navigate volatility in the external environment," Mukesh Ambani had said.For the full financial year FY26, Reliance Industries reported revenue of Rs 11,75,919 crore, or about $124 billion, marking a 10% increase over FY25. Annual EBITDA rose 13.4% year-on-year to Rs 2,07,911 crore, while profit after tax increased 17.8% to Rs 95,754 crore.The company has scheduled its 49th annual general meeting (AGM) for June 19, 2026. It fixed June 5 as the record date for determining shareholders eligible to receive dividend for FY26. The company's board had earlier recommended a dividend of Rs 6 per share for the financial year ended March 2026. The dividend, if approved at the AGM, will be paid within seven days of the meeting.Read More News on(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price...moreless(You can now subscribe to our ETMarkets WhatsApp channel)Read More News on(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price...moreless
Mukesh Ambani draws zero salary again: India's richest man forgoes paycheck for 6th straight year
Reliance Industries Chairman Mukesh Ambani did not take any salary in FY26, continuing a six-year trend. Reliance reported strong annual revenue growth despite profit decline in Q4, while Ambanis children and senior executives received commissions and remuneration.









