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RIL Q4 consolidated net rises 12% to Rs 8,046 cr; GRM improves to $11.5

This, on the back of higher refining and petrochemical margins

RIL Q1 consolidated net at Rs 7,464 cr
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Press Trust of India New Delhi
Reliance Industries today reported a 12.3% rise in its March quarter net profit on the back of higher refining and petrochemical margins.

Consolidated net profit in January-March quarter at Rs 8,046 crore, or Rs 27.3 per share, was 12.3% higher than Rs 7,167 crore net profit in the same period a year ago, the company said in a statement. The company reported 13% increased in standalone net profit at Rs 8,151 cr for the quarter ended March 2017. It was Rs 7,227 crore in the same period a year ago.

For the full 2016-17 fiscal, the company generated its highest