Reliance Industries (RIL), India’s biggest company in terms of market value, has rolled out bonus/variable payout to its over 2 lakh employees for fiscal 2021. The bonus payout was cited in a company note to employees on Monday. The move comes after RIL reported a 35% growth in profit to Rs 53,739 crore in 2020-21, the first full financial year of the coronavirus epidemic.The variable payout was made to employees of its five divisions including oil-to-chemicals (O2C) and consumer (retail & telecom). RIL added more than 75,000 people to the consumer business in fiscal 2021, which was among the large hires in corporate India. During the same year, the company’s employee benefits expenses increased 5% to Rs 14,817 crore.Consumer business contributed significantly to RIL’s earnings on the back of people increasingly shopping online and using data for work and otherwise amid the pandemic. But O2C’s contribution declined due to demand contraction for major products, including jet fuel. In April 2020, RIL had cut salaries of O2C employees earning more than Rs 15 lakh annually by 10% in the wake of the “adverse impact” of Covid on the division. Annual bonus/performance-linked incentives, which are normally paid in the first quarter of a year, were also deferred.