Mukesh Ambani-led Reliance Industries (RIL) on Friday posted a 17.26% year-on-year increase in its consolidated net profit to ₹9,435 crore for the March quarter. The company's revenue also increased by 39% to ₹1.29 lakh crore. Reliance Jio posted a profit of ₹510 crore in the March quarter, up 1.11% sequentially from ₹504 crore in previous quarter.