Reliance Industries' net profit rises by over 28% in first quarter

August 2007
Chemical Business;Aug2007, Vol. 21 Issue 8, p82
Trade Publication
The article reports on the financial performance of Reliance Industries Ltd. in the first quarter of 2007 that ended June 30, 2007. The refinery announced a net profit of Rs. 3,264-crore, a 28.2% rise due to robust refining margins and higher exports. Its gross margins on refining, which contribute 77% to its total revenues, rose to US$15.4 a barrel.


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