Net profit rose 0.8 per cent to Rs 5,631 crore, or Rs 17.4 per share, in the January-March period from Rs 5,589 crore, or Rs 17.3 a share, in the same period a year ago.
Earnings from oil refining climbed 12.3 per cent, while those from the petrochemical segment were up 10.6 per cent, offsetting a 17.8 per cent dip in the oil and gas business, the company said in a statement.
Earnings got a boost as the rupee declined to Rs 61.8 against the US dollar in Q4 from Rs 54.2 a year earlier.
Sales rose 13 per cent to Rs 97,807 crore in Q4.
Also Read
For the full financial year, the company reported a record net profit of Rs 21,984 crore, the highest by any private sector firm in the country. Net profit was 4.7 per cent higher than Rs 21,003 crore in 2012-13.
RIL Chairman and Managing Director Mukesh D Ambani said, "FY 2013-14 was a satisfying year for RIL. Refining business delivered the highest ever profits with a sharp recovery in GRMs towards the end of the year. Petrochemical earnings grew sharply with margin expansion across polymers and downstream polyester products.
"While we continue to face technical challenges in growing domestic upstream production, the US shale gas business grew significantly during the year and has become a material contributor to our earnings."