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RIL shares fall; revenue misses estimates

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Reuters MUMBAI
Last Updated : Apr 17 2013 | 1:40 PM IST

MUMBAI (Reuters) - Reliance Industries' shares fell around 4 percent on Wednesday after its revenue growth for the January-March quarter missed analyst estimates while profits were broadly in line.

Reliance said on Tuesday net profit for the March quarter rose 32 percent, but revenue fell 1.4 percent from a year earlier. The results were out after the close of markets.

Shares were down 3.7 percent as of 1:28 p.m.

(Reporting by Subhadip Sircar; Editing by Rafael Nam)

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First Published: Apr 17 2013 | 1:28 PM IST

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