Reliance Industries (RIL) Q3 FY11 Results : Net profit jumps 28.14%

by khalid on 23/01/2011 · 0 comments

Reliance Industries Limited (RIL) has posted a net profit for the period Q3 (ending Dec 10) of the current fiscal (FY11). During the said quarter, net profit rose 28.14% to Rs 5136 crores in comparison to Rs 4008 crores of Q3 (ending Dec 09) of previous year(FY10). This is the best ever profit since 2007. Reliance Industries Limited (RIL) is India’s number 1 company. The Company operates in three business segments: petrochemicals, refining, and oil and gas.

The company informed the share market (BSE/NSE) that the total income increased 5.52% to Rs 60530 crores in Q3 FY11 when compared with the same quarter Q3 FY10 of previous year. During the quarter, the gross refining margin rose to USD 9 a barrel compared with USD 5.90 a barrel in the same quarter last year.

Share’s Data :
BSE Code : 500325
Mkt. Cap: Rs 322,822.26 Crores
Reliance Industries Ltd. share’s CMP is Rs 986.50 on 21st Jan 2011.

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