Reliance Industries reported better-than-expected financial results for the quarter ended June 30, 2016. Standalone net profit of the company jumped 19.47 per cent year-on-year to Rs 7548 crore against Rs 6318 crore in the same quarter last year.

Below are 10 key takeaways from Reliance Industries Limited Q1 results:

Net profit: Consolidated net profit of Reliance Industries jumped 18 per cent to Rs 7,113 crore for the quarter under review against Rs 6,024 crore in the corresponding quarter last year.

Revenue: Income from operations of RIL fell by 15.17 per cent year-on-year to Rs 64,990 crore against Rs 76,615 crore in the same quarter last year

Debt: Outstanding debt as on June 30 stood at Rs 1,86,692 crore compared to Rs 180,388 crore as on 31st March 2016.

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Gross Refining Margin: GRM of the oil major stood better-than-market estimates at $11.5 per barrel for the quarter ended June 30.

Employee cost: Employee costs were higher by 10.2 per cent at Rs 2,111 crore as against Rs 1,915 crore in same quarter last year. Employee cost jumped due to higher payouts and increased employee base, RIL said in a release.

Earnings per share (EPS): EPS for the quarter ended June 30, 2016 was Rs 24.1 as against Rs 20.5 in the corresponding period of the previous year.

Cash and Cash Equivalents: The figure stood at Rs 90812 crore as on June 30, 2016 compared to Rs 89,966 crore as on March 31, 2016. These were in mutual funds, CDs, government bonds, bank deposits and other marketable securities.

Credit rating: RIL retained its domestic credit ratings of AAA from CRISIL and FITCH and an investment grade rating for its international debt from Moody’s as Baa2 and BBB+ from S&P.

Exports: Reliance Industries exports of refined products from India stood at Rs 28,610 crore for the quarter ended first quarter ended June 30, 2016 as compared to Rs 32,352 crore in same quarter last year.

KG-D6: The field produced 0.28 MMBBL of crude oil and 28.05 billion cubic feet of natural gas in the quarter under review, a fall of 35 per cent and 23 per cent respectively on a year-on-year basis.

Mukesh D Ambani, chairman and managing director, Reliance Industries Limited in a release said, “Our refining business delivered another record performance and achieved industry leading gross refining margins. Our petrochemicals business has a wide product portfolio, superior feedstock linkages and serves high-growth end-markets in India. As a result, we achieved yet another quarter of margin expansion in petrochemicals business and delivered EBIT growth of more than 20.5 per cent year-on-year.