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Reliance Industries , India's most valuable company, reported a 9.3% rise in third-quarter profit on Friday.
The Mukesh Ambani-led conglomerate said its consolidated profit rose to 172.65 billion rupees ($2.08 billion) in the quarter ended Dec. 31, from 157.92 billion rupees a year earlier.
($1 = 83.0410 Indian rupees)
(Reporting by Sethuraman NR in Bengaluru; Editing by Savio D'Souza)