Reliance Industries Ltd.

Reliance Industries has reported results for the fourth quarter and year ended March 31, 2016.

The company has posted a rise of 17.25% in its net profit at Rs 7320 crore for the quarter ended March 31, 2016 as compared to Rs 6243 crore for the same quarter in the previous year. However, total income of the company has decreased by 10.93% at Rs 51815 crore for quarter under review as compared to Rs 58176 crore for the quarter ended March 31, 2015.

On consolidated basis, the company has posted a rise of 15.94% in its net profit after taxes, minority interest and share of profit of associates at Rs 7398 crore for the quarter ended March 31, 2016 as compared to Rs 6381 crore for the corresponding quarter in the FY15. However, total income of the company decreased by 10.96% at Rs 62010 crore for quarter under review as compared to Rs 69642 crore for the same quarter ended previous year.

For the year ended March 31, 2016, the company has posted a rise of 20.68% in its net profit at Rs 27417crore as compared to Rs 22719 crore for the same period in the previous year. However, total income of company decreased by 28.73% at Rs 240740 crore for year under review as compared to Rs 337797 crore for the period ended March 31, 2015.

For the year ended March 31, 2016, on the consolidated basis, the company has posted rise of 17.25% in its net profit after taxes, minority interest and share of profit of associates at Rs 27630 crore as compared to Rs 23566 crore for the same period in the previous year. However, total income of company has decreased by 25.99% at Rs 284156 crore for year under review as compared to Rs 383930 crore for the period ended March 31, 2015.