Mumbai, July 24 - The net profit of oil-to-petrochemicals major Reliance Industries dropped 11.5 percent to Rs.3,636 crore ($759 million) for the quarter ended June 30, compared to the Rs.4,110 crore it netted in the corresponding period last fiscal.

In a regulatory statement Friday, the company also said it has clocked a turnover of Rs.33,309 crore ($7 billion), an increase of 22.6 percent from the Rs.43,050 crore it earned in the year-ago period.