-- Reliance Industries's (NSE:RELIANCE, BOM:500325) consolidated attributable net profit declined to 169.7 billion Indian rupees in the fiscal fourth quarter ended March 31, from 194.1 billion rupees a year ago.
The Indian conglomerate's earnings per share contracted to 12.54 rupees from 14.34 rupees a year earlier, according to a Friday filing to the Indian stock exchanges. The EPS was lower than the 14.77 rupees estimated by the analysts polled by Visible Alpha.
Revenue from operations in fiscal Q4, however, rose to 2.986 trillion rupees from 2.646 trillion rupees a year ago. This was higher than Visible Alpha's estimate of 2.588 trillion rupees.
The company's board recommended a dividend of 6 rupees per equity share of 10 rupees each for the financial year ended March 31.