Reliance Industries Ltd. (RIL) has posted a decline in net profit for the Q2 of the current fiscal (FY10). During the said quarter, profit declined 6.41% to Rs 3852.00 crore from Rs 4116.00 crore in the same quarter previous year(FY09).

The company informed the market that the net sales increased by 4.60% to Rs 46848.00 crore as compared to corresponding quarter of last fiscal (FY08). The total income rose by 5.65% to Rs 47476.00 crore as compared to the similar qurter of the last fiscal(FY08).

RIL share’s CMP is Rs 2003.85 on 29th Oct 09.

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