Reliance Industries Ltd.

Reliance Industries has reported results for the first quarter ended June 30, 2013.

On standalone basis, the company has posted a rise of 18.85% in its net profit at Rs 5352.0 crore for the quarter ended June 30, 2013 as compared to Rs 4503.0 crore for the same quarter in the previous year. However, total income has decreased by 3.84% at Rs 90180.0 crore for quarter under review as compared to Rs 93780.0 crore for the quarter ended June 30, 2012.

RIL is an oil refining, petrochemicals and upstream (mainly natural gas at present) company. It has two highly complex refineries with combined capacity of 1.24 million barrels per day and domestic proved reserves of 660 million barrel of oil equivalent as at end-March 2013