Reliance Industries Ltd.

BSE: 500325 | NSE: RELIANCE
Large Cap | Refineries
1391.00
-0.90 (-0.06%)
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RIL reports 4% fall in Q3 consolidated net profit

Date: 19-01-2015

Reliance Industries (RIL) has reported results for third quarter ended December 31, 2014.

The company has registered 7.73% fall in its net profit at Rs 5085 crore for the quarter under review as compared to Rs 5511 crore for the same quarter in the previous year. Total income of the company has decreased 21.95% at Rs 82598 crore for Q3FY15 as compared Rs 105826 crore for the corresponding quarter previous year.

On the consolidated basis, the company’s net profit after taxes, minority interest and share of profit / (loss) of associates declined 4.47% to Rs 5256 crore for the Q3 FY15 as compared to Rs 5502 crore in Q3 FY14. Moreover, the total income dropped 20.19% to Rs 95868 crore in the quarter under review as compared to Rs 120114 crore in the corresponding quarter previous year.