Reliance Industries managing director Mukesh Ambani said that the company had achieved "an industry-leading performance in the refining and petrochemicals business despite sharp decline in crude and feedstock prices”.
The company netted $834 million on turnover of $15.3 billion for the period between 1 October and 31 December, when benchmark oil prices fell by 30% year on year.
On a nine-month basis, net profit for 1 April to 31 December rose by 3.4%
