Mukesh Ambani led Reliance Industries (RIL) reported a fall of 4.5% in consolidated net profit for third quarter of financial year 2015 to Rs 52.56 billion. Cash profit increased by 2.9% to Rs 85.41 billion for the quarter ended Dec. 31, 2014.
 
Total income for the quarter went down 20.4% Rs 963.30 billion for the quarter ended Dec. 31, 2014 over prior year period.

Cost of raw materials declined by 3.2% to Rs 621.96 billion from Rs 917.40 billion on y-o-y basis.

Shares of the company gained Rs 4.4, or 0.51%, to settle at Rs 869. The total volume of shares traded was 394,114 at the BSE (Friday).