Reliance Industries Ltd.

Reliance Industries (RIL) has shut down one of the crude trains at Jamnagar complex on February 10, 2012 for undertaking planned maintenance and inspection activities. This opportunity is being taken for replacement of catalyst and implementation of productivity improvement measures in some of the secondary processing units.

The shutdown is expected to be completed in the first week of March, 2012. However, rest of the Jamnagar complex continues to operate as normal.

The company's net profit declined by 13.6% to Rs 4,440 crore for the quarter ended December 31, 2011, from Rs 5,136 crore in the corresponding year-ago quarter. Turnover rose by 42.39% to Rs 85,135 crore for the quarter under review from Rs 59,789 crore for the same quarter last year.