New Delhi: Reliance Industries Limited (RIL) on Friday reported its financial performance for the quarter ended 30th June, 2015. The company has reported 4.4 per cent rise in the June quarter.
Consolidated net profit of Rs 6,222 crore in April-June quarter of the current fiscal was 4.4 per cent higher than Rs 5,957 crore in the same period a year ago, the company said in a statement.
It has achieved a turnover of Rs 83,064 crore. Reliance Retail recorded continued growth momentum and strong profitability in the first quarter of the current financial year.
Commenting on the results, Chairman and Managing Director of Reliance Industries Mukesh Ambani said, "Our financial performance reflects the benefits of integrated hydrocarbon chain activities in a benign oil price environment. The sharp increase in demand for transportation fuels helped us realize strong refining margins."
"In our retail business, we have reached significant milestones over the past couple of years and continue the high growth trajectory for this business. We are leveraging the strength of our integrated value chains to deliver sustainable growth," he added.
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