Consolidated net profit of Rs 6,222 crore (Rs 62.22 billion), or Rs 21.1 a share, in April-June quarter of the current fiscal was 4.4 per cent higher than Rs 5,957 crore (Rs 59.57 billion), or Rs 20.3 per share, in the same period a year ago, the company said.
Its turnover, however, slid 23 per cent to Rs 83,064 crore (Rs 830.64 billion).
Operator of the world's largest refining complex, RIL earned $10.4 on turning every barrel of crude oil into fuel as compared to $8.7 per barrel gross refining margin in the first quarter of the last fiscal.
The gross refining margin in the April-June quarter was highest in six years and topped $10.1 per barrel margin in January-March.
Image: Mukesh Ambani; Photograph: Reuters