Reliance Industries Ltd.

Reliance Industries has reported results for the third quarter ended December 31, 2011.

The company's net profit declined by 13.6% to Rs 4,440 crore for the quarter ended December 31, 2011, from Rs 5,136 crore in the corresponding year-ago quarter. Turnover rose by 42.39% to Rs 85,135 crore for the quarter under review from Rs 59,789 crore for the same quarter last year.

Recently, government of Singapore has acquired 1.09% stake in Mukesh Ambani-led Reliance Industries (RIL). As per the company's latest shareholding data, the Singapore Government held 3,57,72,679  shares of RIL as on December 31, 2011.