RIL reports 4.5 pc drop in December quarter Net

Reliance Industries today reported a 4.5 per cent drop in its December quarter net profit at Rs 5,256 crore.

Consolidated net profit in October-December 2013 stood at Rs 5,502 crore, the company said in a filing to the stock exchanges.

Total income has decreased from Rs 120,114 crore in the third quarter of the previous fiscal to Rs 95,868 crore in October-December 2014.