Mukesh Ambani Group’s Reliance Industries Ltd (RIL),  on Monday, reported a jump of 24 per cent in the net profit after tax at Rs 3,912.0 crore for the quarter ended March 31, 2008 as compared with Rs 3,156.0 crore for the same quarter in the previous fiscal.

The company, said that its Q4 net rose 38 per cent in dollar terms and full year net profit grew to Rs 19,458 crore, up 63 per cent compared to the corresponding period a year ago.

The firm had posted a net profit of Rs 3,156 crore and a total income of Rs 27,573 crore in the fourth quarter of last financial year, Reliance Industries said. The firm had posted a net profit of Rs 11,943 crore for the full financial year 2006-07. The total income for the year ended March 31, 2008 increased to Rs 1,34,338 crore, from Rs 1,12,171 crore in the year-ago period.

RIL Chairman & Managing Director Mukesh Ambani said,  “This was a landmark year as we delivered record financial performance in challenging and volatile market conditions.”