Reliance Industries Ltd.

Reliance Industries has reported results for third quarter ended December 31, 2013.

The company has reported 0.16% rise in its net profit at Rs 5511 crore for the quarter as compared to Rs 5502 crore for the same quarter in the previous year. Total income of the company has increased by 10.67% at Rs 105826 crore for quarter under review as compared to Rs 95626 crore for the quarter ended December 31, 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.