Reliance Industries Ltd.
-49.90 (-3.57%) Reliance Industries reports 4% rise in Q3 consolidated net profit
Date: 16-01-2017Reliance Industries has reported results for third quarter ended December 31, 2016.
The company has reported 9.95% rise in its net profit at Rs 8022 crore for the quarter under review as compared to Rs 7296 crore for the same quarter in the previous year. Total income of the company increased by 9.82% at Rs 69631 crore for the quarter under review as compared Rs 63406 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 3.60% rise in its net profit after tax, minority interest and share of profit of associates and joint ventures at Rs 7506 crore for the quarter ended December 31, 2016 as compared to Rs 7245 crore for the same quarter in the previous year. Total Income of the company increased by 15.97% to Rs 86925 crore for quarter under review from Rs 74953 crore for the quarter ended December 31, 2015.