Reliance Industries Ltd.

Reliance Industries has reported results for first quarter ended June 30, 2016.

The company has reported a rise of 18.51% in its net profit at Rs 7548 crore for the quarter ended June 30, 2016 as compared to Rs 6369 crore for the same quarter in the previous year. The company’s total income has decreased by 17.77% to Rs 55529 crore for the quarter under review from Rs 67533 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 18.07% rise in its net profit after taxes, minority interest and share of profit of associates and Joint Ventures at Rs. 7113 crore for the quarter ended June 30, 2016 as compared to Rs. 6024 crore for the same quarter in the previous year. Total Income of the company has decreased by 13.85% to Rs. 67368 crore for quarter under review from Rs. 78199 crore for the quarter ended June 30, 2015.