NEW DELHI: Shares of Reliance Industries advanced in Monday's trade after the company posted its quarterly earnings on Friday post market hours and churned out another billion dollar profit in the September quarter thanks to robust growth in gross refining margins and petrochemical revenues.

Following the development, the stock added 0.68 per cent to Rs 882.70 on BSE. It opened at Rs 879.90 and touched an intraday high and low of Rs 891.70 and Rs 877 respectively, in the first hour of trade.

RIL's consolidated net profit of the company increased 12.48 per cent year-on-year (YoY) to Rs 8,109 crore for the quarter ended September 30.

Commenting on the Q2 results, chairman and managing director, RIL, Mukesh Ambani said, "Our company reported another quarter of robust performance. I am delighted to share that this includes the financial performance of Reliance Jio which had a positive EBIT contribution in its first quarter of commercial operations. The results also reflect strong underlying fundamentals of our refining and petrochemicals businesses."

Promoters held 47.55 per cent stake in the company as of September 2017.

The scrip touched its fresh 52-week high of Rs 891.70 today on October 16, 2017 and its 52-week low of Rs 466 on November 9, 2016.