Reliance Industries on Tuesday reported a 32 percent jump in its fourth quarter net profit to Rs 5,589 crore on the back of robust refining margins.
Net profit in January-March quarter rose to Rs 5,589 crore from Rs 4,236 crore in the same period a year ago, RIL said in a statement.
The company’s turnover was, however, down 1.4 percent at Rs 86,618 crore in the same period.
At present, the company commands a market value of Rs 2,60,313 crore and is the third most valued Indian firm after TCS and ONGC.
PTI