Mumbai/Bengaluru, Nov. 12 -- An Abu Dhabi-based subsidiary of Reliance Industries, Reliance International Ltd, has emerged as one of the conglomerate's vital units in the face of shifting global oil trade and now accounts for nearly a fifth of the parent's consolidated revenue.

Involved in the trading of oil, the company purchases crude oil from overseas suppliers and ships it to the Sikka port to be processed at Reliance's mammoth refinery at Jamnagar. It then purchases refined products from the refinery for supply overseas.

Mukesh Ambani-led Reliance Industries is India's largest company by revenues and reported consolidated revenues of Rs.10.71 trillion (around $125 billion) in fiscal 2025.

Oil-trading Reliance International had rev...