Wednesday, April 27 2005 13:31 Hrs (IST) - World Time -

Mumbai: Reliance Industries Ltd (RIL) has reported a consolidated net profit of Rs 7,628 crore for the fiscal ended March 31, 2005 as compared to Rs 5,169 crore for 2003-04.

The board has recommended a dividend of Rs 7.5 per share for 2004-05, the company informed the Bombay Stock Exchange (BSE).

Total income for the company grew to Rs 68,128 crore in the reporting fiscal from Rs 53,183 crore in FY-04, it said.

The company has reported rise in net profit for the fourth quarter ended March 31, 2005 at Rs 2,292 crore as against Rs 1,419 crore for the corresponding quarter previous in the fiscal, it said.

Total income for the reporting quarter grew to Rs 18,315 crore from Rs 14,585 crore in fourth quarter of FY 04, it said.