Reliance Industries Ltd.

BSE: 500325 | NSE: RELIANCE
Large Cap | Refineries
1403.90
10.50 (0.75%)
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Reliance Industries reports 24% rise in Q3 net profit

Date: 19-01-2013

Reliance Industries has reported results for third quarter ended December 31, 2012.

The company has reported 23.92% rise in its net profit at Rs 5502.00 crore for the quarter as compared to Rs 4440.00 crore for the same quarter in the previous year. Total income of the company has increased by 10.10% at Rs 95626.00 crore for quarter under review as compared to Rs 86852.00 crore for the quarter ended December 31, 2011.

Further, the scheme of amalgamation of Reliance Jamnagar Infrastructure (RJIL), with the company from the appointed date of April 01, 2011, has been sanctioned by the High Court of Gujarat at Ahmedabad. The scheme became effective on October 22, 2012. The figures for trailing quarters have been reworked and re-stated giving effect to the amalgamation.