Reliance Industries Limited reported unaudited standalone earnings results for third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales of INR 1,035,210.0 million against INR 938,860.0 million a year ago. Net profit was INR 55,110.0 million against INR 55,020.0 million a year ago. PBDIT was INR 99,270 million against INR 101,130 million a year ago. Profit before tax was INR 69,920 million against INR 68,500 million a year ago. Earnings per diluted share were INR 17.1 against INR 17 a year ago. Profit from operations before other income, finance costs was INR 54,790 million against INR 59,160 million a year ago.

For the nine months, the company reported turnover of INR 3,034,950 million against INR 2,845,000 million a year ago. Net profit was INR 163,530 million against INR 154,140 million a year ago. PBDIT was INR 294,460 million against INR 287,170 million a year ago. Profit before tax was INR 205,250 million against INR 191,640 million a year ago. Earnings per diluted share were INR 50.6 against INR 47.5 a year ago. Operating profit before other income and depreciation decreased by 1.8% on a year on year basis from INR 229,620 million to INR 225,460 million ($3.6 billion) due to lower production in the oil & gas business, partly offset by higher contribution from the petrochemical business. Outstanding debt as on December 31, 2013 was INR 813,300 million. The net addition to fixed assets for the nine month ended 31st December 2013 was INR 276,450 ($4.5 billion) including exchange rate difference capitalization. Capital expenditure was principally on account of ongoing expansions projects in the petrochemicals and refining business at Jamnagar, Dahej, Silvassa and Hazira. Profit from operations before other income, finance costs was INR 160,320 million against INR 157,360 million a year ago.