Name of the Company: Registered Office 4 Reliance Industries Li 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai 400 021 ited UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30" JUNE 2015 {@incrore, except per share data) se Quarter Ended Year Ended Re, | Particulars (Audited) [30 djune'Ts[31 Marts [30 Juno | 31 Mart5 1 | Income from Operations {a) Net Salesilncome from operations > een | 77.130 | 67470 | 04640 | 75.435 ‘Total income from operations (net) 77.430 | 67.70 | 104640 | 375,435 2 | Expenses (2) Cost of materials consumed 50,305 | 40220 | 2,631 | 206,862 (b) Purchases of stock-in- trade 727 | 6at7 | 5308 | 25,701 (©) Changesin inventories ofised gods, worinpromress | ses4) | asa) | @o02) | 188 (4) Employee bonofts expense 176 | 1659 | 1.480 262 (©) Depreciation, amortization and depletion expense aioat | 27e7 | 2.762 (Other expenses 9055 | 9.258 | 9034 Total Expenses 9,004 | 60,369 | 98433__| 349,018 3_ | Profit from operations before other income and finance costs | 7,136 | 7,081 | 6207 | 25.817 _| Other income i932 | 2.472 | 1974 8,495 '5_| Profit from ordinary activities before finance costs 3908 [9.253 | e.te1_| 34,312 | Finance costs ‘902 OT 505 3316 7_| Profit from ordinary activities before tax 3066 8.576_| 7,676__| 30,000 5_[Tax expense 1,923 | 2,080 | 1,765 7A74 ‘9 [ Net Profit for he Period 6,137 | 6496 | so1t | 28.52 70 | Share of profit (loss)of associates 86 (67) 53 18 14_| Minority interest a (48) @ w {2 [Net Profit ster taxes, minoriyinirestandshareimpremRT | 622 | eae | sosr | 75.600 18 | Paid up Equity Share Capital, Equity Shares of €10/- each. 3736 | 3286 | 3288 3236 “4_| Reserves excluding revaluation reserves: 214712 ‘Earnings per share (Faco value of ® 10) 15 | (a) Basic aa a7 203 80.1 | (0) _Ditutea 214 2a7, 203 80.1 ‘A | PARTICULARS OF SHAREHOLDING 1. | Public shareholding (including GDR holders) = Number of Shares (in erore) arr2s | v7.47 | sear | 177.17 = Percentage of Shareholding (%) sar7_| 54.76 | sar 5476 2 | Promoters and Promoter Group shareholding 8) Pladged / Encumbered = Number of shares in erore) . - = Percentage of shares (as 2 % ofthe total shareholding of| Promoters and Promotor Group) - - - Percentage of shares (as 2 % of the total share capital of - - - the company) b) Non Encumbered ’ = Number of shares (i crore) 145.40 | 14840 | 146.40 | 146.40 = Percentage of shares (as a % ofthe total shareholding of Promoters and Promoter Group) 00 100 10 a gfecanage ofenares(esa%ottetaalstarecetot | az | asze | s520 uss Registered Otice: Corporate Communications Telephone = (¥91 22)2278 5000 Maker Chambers IV Maker Chambers IV Telefax: (491 22)2278 5185, Sed Floor, 222, Nariman Point 9th Floor, Nariman Point Internet| wweweil.com ‘Mumbai 400 021, India Masbai400 021, India iN LITHOMHI973PLCO19786 Page 1 ofNotes: 4. The figures for the corresponding previous period have been restated/regrouped wherever necessary, to make them comparable. 2. The Govemment of India (Gol), by its letters dated 2 May, 2012, 14" November, 2013 and 40" July, 2014 has communicated that it proposes to disallow certain costs which the Production Sharing Contract (PSC), relating to Block KG-DWN-98/3 entitles the Company to recover. Based on legal advice received, the Company continues to maintain that a Contractor is entilled to recover all of its costs under the terms of the PSC and there are no provisions that entitle the Goverment to disallow the recovery of any Contract Cost as defined in the PSC. The Company has already referred the issue to arbitration and already communicated the same to Gol for resolution of disputes. Pending decision of the arbitration, the demand from the GOI of $ 117 million (for % 745 crore) being the company’s share (total demand $ 195 million) towards additional Profit Petroleum has been considered as contingent liability. 3. Subsequent to the quarter end, Reliance Holding USA Inc announced signing of definitive agreements for the sale of its entire holding of 49.9% interest in EFS Midstream LLC("EFS") to an affiliate of Enterprise Product Partners L.P. (“Enterprise”) for a total consideration of approximately $ 1,073 million with a closure date of 1* July, 2015. 4, The consolidated accounts have been prepared as per Accounting Standard (AS) 21 on Consolidated Financial Statements, Accounting Standard (AS) 23 on Accounting for Investments in Associates in Consolidated Financial Statements and Accounting Standard (AS) 27 Financial Reporting of Interest in Joint Ventures. 5. The paid up Equity Share Capital in item no 13 of the above result, includes 29,23,54,627 equity shares directly held by subsidiaries/trust before their becoming subsidiaries of the Company, which have been excluded for the purpose of computation of Earnings per share. Registered Office: Corporate Comniunicaions Telephone > (OY 23) 22785000, Maker Chambers 1V Maker Chambers IV Telefax; (#91 22)2278 5185 3rd Flor, 222, Nariman Point 9th Floor, Nariman Point Tiernet_ = wwsi.eom Mumbai 400 021, Tria Mumbai 400 021, tndia cn’ ITI IOMH1973PL.C019786 Page 096. Based on alternate interpretation for calculation of diluted EPS as per Accounting Standard (AS) 20 the diluted EPS for the quarter ending June’ 15, March’ 15, June’ 14, and Year Ended March’ 15 are € 21.1, € 21.6, & 20.2, t 79.9 respectively. 7. The Company has opted to publish consolidated financial results, Additional information on standalone financial results is as follows: Zin crore si ‘Quarter Ended Year Ended *- | Particulars oe - ? No. sovunes | stmarts | sodunesa | S1Marts | uditea) 7 [income from Operations (Turnover) | 65817 | 66,088 96,351 9078 2. | Profit before tax 8263 8226 7.208 29.468, 3_| Profit after tax 6318 5243 5,649 19 ‘Note? The unaudited standalone resulls of the Company for the above mentioned periods are available on Company's website wivw.rcom. The information above has been extracted from the unaudited standalone financial results as stated. 8. There were no investor complaints pending as on 1 April 2015. All the 2,849 complaints received during the quarter ended as on 30" June 2015 were resolved and no complaints were outstanding as on 30" June 2015. 9. The Audit Committee has reviewed the above results and the Board of Directors has approved the above results and its release at their respective meetings held on 24th July imited Review of the 2015. The Statutory Auditors of the Company have carried out a aforesaid results. Regisiered Offi: Corporate Communications ‘Telephone (491 22)2278 5000 Maker Chambers 1V Maker Chambers 1V Telefax; (491 22) 2278 5185 3rd Floor, 222, Nariman Point th Plo, Nariman Point Internet; wwwelcom Mumbai 400 021, India ‘Mumbai #00 024, India cn’ LITLLOMHI973PLCO19786 Page of 9UNAUDITED CONSOLIDATED SEGMENT INFORMATION FOR THE QUARTER ENDED 30! JUNE 2015 ‘Mumbai 400 621, India Mumbai £00 021, India CIN LITHIOMHI97sPLCO1976 Tin Crore Sr ‘Year Ended | (Quarter Ended (iucited) No, | Particulars | 30June'15 | 34 Marts | 30June't4 | 31 Marts | 1. | Segment Revenue - ~ Petrochemicals 20,858, 2784 25398 ao | + Refining 68,729 56.442 98,081 339,890 iland Gas 2087 2513 3,178 11,54 + Organized Retail 4,698 4788 3.999 17.640 + Others 2678 2.833 4972 10,507 Gross Turnover {Turnover wed tr Segment Tenet) 98,921 88,330 132428 476375 Less: Inter Segment Transfers 1887 17.467 24,503 erst Turnover 33,084 70,863 107 905 368,494 Loss: Excise Duty / Service Tax Recovered 5934 3,308 3.285 13,059 Net Turnover 77.430 7,470 104640 3755 2. | Segment Results | = Petrochemicals 2,338 2,008 1963 8291 + Refining 5,252 4,902 3814 15827 += Oilland Gas 32 489 11042 3.181 ~ Organized Retail 11 108 at ar Others 24 322 116 958 Total Segment Profit before Interest and Tax 7.367 7820 eat6 28874 (0) Interest Expense (02) (677) (505) G16) (i) eterest income 781 1085 1187 4513 (i) Otmer Un-allocable Income (Net of Expencttre} 308 281 131 1.268 Profit before Tax 8182 8.508 1728 Ae (@ Provision for Curent Tax (1825) (1,732) (1.520) (6,296) (i Provision for Deferred Tax (104) (348) (5) (178) Profit after Tax (including share of profitloss) of associates) 6223 6.29 5.964 23,640 3, | Capital Employed (Segment Assets - Segment Liabilities) + Petrochemicals 48,386 46,490 48,128 45,400 + Refining 93,608 92,520 72,166 92.520 = Olland Gas 73827 71922 63,803, 71922 + Organized Retail 6.280 6201 5.59 6201 = Others 72,004 68866 49616 65,886 ~ Unallocated 7781 112931 114817 112931 Total Capital Employed 4 398,930 353,307 Registered Office: ‘Corporate Communications Telephone (#91 22)2278 5000 Maker Chambers 'V Maker Chambers 1V TToletak (+91 22)2278 5185, 3rd Floor, 222, Nariman Point 9th Foor, Nariman Point Internet: wwarikeom Paget of 9Notes to Segment Information (Consolidated) for the Quarter Ended 30" June 2015 1. As per Accounting Standard 17 on Segment Reporting (AS 17), the Company has reported "Segment Information", as described below: a) The petrochemicals segment includes production and marketing operations of petrochemical products namely, High density Polyethylene, Low density Polyethylene, Linear Low density Polyethylene, Polypropylene, Polyvinyl Chloride, Polyester Yarn, Polyester Fibres, Purified Terephthalic Acid, Paraxylene, Ethylene Glycol, Olefins, Aromatics, Linear Alkyl Benzene, Butadiene, Acrylonitrile, Poly Butadiene Rubber, Caustic Soda and Polyethylene Terephthalate. b) The refining segment includes production and marketing operations of the petroleum products. c) The oil and gas segment includes exploration, development and production of crude oil and natural gas. d) The organized retail segment includes organized retail business in India. ) Other business segments including broadband access & media which are not separately reportable have been grouped under the others segment. f) Capital employed on other investments / assets and income from the same are considered under ‘unallocable’ “Registered Offer: Comporate Comiminications Telephone; (491 22)2278 5000 Maker Chambers 1V Maker Chambers 1V Telefon + (+91 22)22785185 5rd Floor, 222, Nerinsan Point 9h Foo, Nara Point Intrnet_— = wuneri.eom Mumbai 400 0 India ‘Mumbai 400 021, India cn LITHLOMHI9T3PL.C019786 Pege SofUNAUDITED STANDALONE FINANCIAL RESUL1 TS FOR THE QUARTER ENDED 304 JUNE 2015 (in core, excopt pe share data) ‘Year Ended 5 | pars Quarter Ended nae i. To janes | SMAPS | SO Tuner | 31 Marts + | Income from Operations (@)__ Net Salestinome rom operations 5 . (Netof excise duiy and service tax) | 85817 | S509 | seaer | S07 Total income from operations (net) war | oe | 96351 | s29078 2. | Expenses (2) Cost of materials consumed 4gs7e | 37638 | snes | 255,990 (0) Purchases of soon trade a0 | 1731 1716 7134 {@) Changes in inventories of rished goods, work-in-progress 5 and slockin rade 103) | 268) | (2120) 1983 ()_ Employee benefits expense 4217 993 $29 3.686 (e} Depreciation, marzaton and depletion expense 235 | 2132 2004 8.488 (0) Other expenses s920__| 7320 7,330 28.13 Total Expenses 5675 | #3546 | 90.845 | — 30s 962 3_[ Profit rom operations before other income and finance costs | 7,042 | 6487 5,506 BAe [Ober Income 181 2.f83 206 B71 3 | Profit from ordinary activities before finance costs 3.60 [ 6630 7.52 31,835 6_| Finance cosis 297 404 324 2387 7_| Profit from ordinary activities before tax 3265 | 8206 7.228 29.468 8 | Taxexpense 1945 [1.988 1579 678 | Not Prof forthe Period este | 6203 5649 ZI 10_| Pai up Equity Share Caplal, Eauly hares of€ 10 each 326 | 3238 3.238 3.206 “| Reserves excluding revaluation reserves 212.823 72 | Earnings per share (Face vale of 10) (3) Basic 195 193 175 702 (b)_Diuted 195 193 175 m2 ‘_ | PARTICULARS OF SHAREHOLDING 1 | Publ shareholding (ctding GDR hoes) Number of Shares {in crore) wr2s | araar | 7687 sia = Percentage of Shareholding (6) sar | 5476 sai 5476 Z| Promoters and Promoter Group shareholing a) Plodged/Encumbered Number of shares (in crore) ~ “ - Percentage of shares (as 2% othe folalshareholng of - | Promoters and Promoter Group) = Percentage of shar (a8 a of the otal share capital of the company) . by) Non — Encumbered = Number of shares (core) 14840 | 14s40 | 40 | 14640 Percentage of shares (as % othe total shareholding of Promoters and Promater Group) = 1” 2 - Porcontage of shares (as @ % of he tla share capital of Pitas aaa as2a | 4524 4529 4524 Registered Office: Corporate Communications ‘Telephone (91 22)2278 5000 Maer Chambers IV Maker Chambers 1V Telefax; (+91 22)2978 5185 3rd Floor, 222, Nariman Point Sth Floor, Nariman Point Intemet_—:wwwesLeom Mun 40002, India Mumbai 400021, Inia cw TI7HOMET973PL.C019786 Page 6 of 9Notes: 1. The figures for the corresponding previous period have been restated/regrouped wherever necessary, to make them comparable. 2. The Government of India (Gol), by its letters dated 2" May, 2012, 14" November, 2013 and 10” July, 2014 has communicated that it proposes to disallow certain costs which the Production Sharing Contract (PSC), relating to Block KG-DWN-98/3 entitles the Company to recover. Based on legal advice received, the Company continues to maintain that a Contractor is entitled to recover all of its costs under the terms of the PSC and there are no provisions that entitle the Government to disallow the recovery of any Contract Cost as defined in the PSC. The Company has already referred the issue to arbitration and already communicated the same to Gol for resolution of disputes. Pending decision of the arbitration, the demand from the GOI of $ 117 milion (for & 745 crore) being the company’s share (total demand $ 195 million) towards additional Profit Petroleum has been considered as contingent liability. 3. Based on alternate interpretation for calculation of diluted EPS as per Accounting Standard (AS) 20 the diluted EPS for the quarter ending June’ 15, March’ 15, June’ 14 and Year ended March’ 15 are % 19.5, & 19.3, € 17.4 and & 70.1 respectively. 4, There were no investor complaints pending as on 1* April 2015. All the 2,849 complaints received during the quarter ended as on 30" June 2015 were resolved and no complaints were outstanding as on 30" June 2015. 5. The Audit Committee has reviewed the above results and the Board of Directors has approved the above results and its release at their respective meetings held on 24th July 2015. The Statutory Auditors of the Company have carried out a Limited Review of the aforesaid results. Registered Oftee: ‘Corporate Communicaions Telephone; (91 22) 278 S000 Maker Chambers 1V Maker Chambers 1V ‘Telefax; (491 22)22785185, Srd Floor, 222, Nariman Point 9th Floor, Nariman Point Internet: wwvesilcom Mumbai 400 021, Tedia “Murmbai 400 021, India cI LITHIOMILI973PLOOL97S6 Page 7069UNAUDITED STANDALONE SEGMENT INFORMATION FOR THE QUARTER ENDED 30" JUNE 2015 — Xincrore Sr Quarter Endod Year Ended (Gusites) Particulars 30 June't5 | 31Mar't5 | 30June's4 | 31 Marts | Segment Revenue - - - 7 ~ Petrochemicals wasse | 20058 | 23715 0.000 ~ Retning ease | 4aese | 90958 | 0470 + Oiand Gas 1.200 1.223 1597 5307 = Obrers 196 368 199 1.155 Gross Turnover (Tumover and Inter Segment Transfers) sane) Tone | 6A) Aan2H Less tor Segment Transfers sos | tars | 17.078 80427 Turnover viata | S903 | o9aee | aaagta Less: Excise Duty / Service Tax Recovered 5595 2970 3033 11738 Not Turnover —essi? | s6043 | 96,351 329076 2, | Segment Resuts ~ Perchemicals 2458 2122 1.986 ssor + Refring sat ara 3773 15.487 + Oland Gas 83 164 487 1280 = Others 63 124 2 316 Total Segment Profit befor intrest and Tax 7748 7137 6197 25660 () tnerest Expense 67 (404) (324) (2367) {Interest income 997 4.283 4387 5418 (Other Un-acable Income (Net of Coe 118 210 @ 71 Profit before Tax 326 | 88 728 79468 () Provision for Curent Tax (172) | (6.700 ctor) | 6x29) (i) Provision for Doerod Tax (223) (283) 2) (625) Profit after Tax eat 6243 5849 zis | + 3. | Captal Employed (Segment Assots - Segment Liabilities) = Petrochemicals 4osas | 43783 | 44904 43783 + Refining esa | sas | 70948 0.943 - Olland Gas ware | sissy | 2073 31557 + Obes asas7_ | a5aia | 38.568 45319 ~ Unalcatod sav770 | aneazr | 116,13 | 118427 Total Capital Employed sre | mo | mat | 330008 Registered Office: Compre Communications’ Telephone: (291 22) 2278 S000 Maker Chambers 1V Maker Chambers 1V Telefax (91 22)2278 5185 Brd Floor, 222, Nariman Point SthFlor, Nariman Point Inernet_— wwe Lcom ‘Murnba 400021, Inia Mumbai 00021, India, CIN Lintiomitig7srt.co197s6 Page 8 of 9Notes to Segment Information (Standalone) for the Quarter Ended 30" June 2015 1. As per Accounting Standard 17 on ‘Segment Reporting’ (AS 17), the Company has reported “Segment Information’, as described below: a) dq) e) ‘The petrochemicals segment includes production and marketing operations of petrochemical products namely, High density Polyethylene, Low density Polyethylene, Linear Low density Polyethylene, Polypropylene, Polyvinyl Chloride, Polyester Yarn, Polyester Fibres, Purified Terephthalic Acid, Paraxylene, Ethylene Glycol, Olefins, Aromatics, Linear Alkyl Benzene, Butadiene, Acrylonitrile, Poly Butadiene Rubber, Caustic Soda and Polyethylene Terephthalate. The refining segment includes production and marketing operations of the petroleum products. The oil and gas segment includes exploration, development and production of crude oil and natural gas. The smaller business segments not separately reportable have been grouped under the others segment. Capital employed on other investments / assets and income from the same are considered under unallocable, For Reliance Industries Limited . ) At jukesh D Ambani Chairman & Managing Director July 24, 2015 Reitered Office: ‘Corprats Comminiations Telephone + (+91 22) 2278 5000 Maker Charbers IV Maker Chambers IV Telefax» (691 22)22785185 rd Floor, 222, Nariman Point Sth Floor, Nariman Point tee wwriLcom ‘Mumbai 400 021, tadia Mumbo 400 021, India cw iD oN 973PLCo19786 Page90F9independent Auditors’ Review Report To Board of Directors Reliance Industries Limited We have reviewed the accompanying statement of unaudited standalone financial results of Reliance Industries Limited (“the Company”) for the quarter ended 30" June, 2015 (“the Statement”) , being submitted by the Company pursuant to Clause 41 of the Listing Agreements with the Stock Exchanges, except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding” which have been traced from disclosures made by the management and have not been audited by us. The Statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India, This standard requires that we plan and perform the review to obtain moderate assurance as to whether the statement is free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion, ‘The Statement and other financial information includes the Company's proportionate share in expenditure of Rs. 157 crore in respect of an unincorporated joint venture which is based on financial information from the operator and certified by the Management. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement prepared in accordance with the Accounting Standards as pet Section 133 of the Companies Act, 2013, read with Rule 7 of the Companies (Accounts) Rules, 2014, and other recognised accounting practices and policies generally accepted in India has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreements with the Stock Exchanges including the manner in which it is to be disclosed, or that it contains any material misstatement. Mumbai, dated 24° July, 2015independent Auditors’ Review Report To ‘The Board of Directors Reliance Industries Limited 1, We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results (the Statement ) of Reliance Industries Limited (the Company), its subsidiaries and jointly controled entities (the Company, its subsidiaries and jointly controlled entities constitute ‘the Group’) and its shate of the profit of its’ associates for the quarter ended 30 June, 2015 being submitted by the Company pursuant to Clause 41 of the Listing Agreements with the Stock Exchanges, except for the disclosures regarding “Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the Management and have not been audited by us. This Statement is the responsibility of tne Company's Management and has been approved by the Board of Directors. Our responsibilty is o issue a report on the Statement based on our review. 2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’, issued by the Institute of Chartered Accountants of India, This Standard requires that we plan and perform the review to obtain moderate assurance as 10 whether the Statement is free of material misstatement. A review is limited primarily to inguiries of Company personnel and analytical procedures applied to financial date and thus provides less assurance than an audit. We have not performed an audit and, accordingly, we do not express an audit opinion 3, The Statement and other financial information include the Company's proportionate share in expenditure of Rs 157 crore in respect of an unincorporated joint venture which is based on financial information from the operator and have been certified by the Management Financial results and other financial information of certain subsidiaries which reflects total revenue ‘of Rs 7,630 crore and net profit’ (loss) of Rs 1 crore included in the Statement has been reviewed by other auditors and provided by management to us. : Financial results and other financial information of certain subsidiaries which reflect total revenue of Rs 17 crore and net profit! (loss) of Rs (15) crore, joint ventures with total revenue of Rs 9 crore and net profiv(loss) of Rs (7) crore and associates with the Group's share of net profit’ (loss) of Rs (8) crore included in the Statement are certified by the Management.6, Based on our review conducted as stated above and based on the consideration of reports of the auditors refered to in paragraph 4 above, nothing has come to our attention that causes Us to believe that the accompanying Statement, prepared in accordance with the Accounting Standards as per Section 133 of the Companies Act, 2013, read with Rule 7 of the Companies (Accounts) Rules, 2014 and other recognized accounting practices and policies generally accepted in India, hhas-not diselosed the information required to be disclosed in terms of Clause 41 of the Listing Agreements, including the manner in which it isto be disclosed, or that it contains any material misstatement. For Chaturvedi & Shah Chartered Accountants (Registration No.101720W) Rajesh D Chaturvedi Partner ‘Membership No, 45882 ‘Mumbai, dated 24 July, 2015 For Deloitte Haskins & Sells LLP Chartered Accountants (Registration No.L17366W / W-100018) Pen A.B. Jani Partner Membership No, 46488 For Rajendra & Co. Chartered Accountants (Registration No,108355W) Qasm.———— ALR. Shah Partner Membership No. 47166