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Reliance Industries Ltd.
BSE: 500325 | NSE: RELIANCE
Large Cap | Refineries
1457.60
-0.85 (-0.06%) RIL reports 17% rise in Q1 net profit
Date: 26-07-2011Reliance Industries (RIL) has reported results for its first quarter ended June 30, 2011.
The company’s net profit for the quarter rose by 16.70% at Rs 5661.00 crore as compared to Rs 4851.00 crore for the same quarter last year. Its total income increased by 39.26% to Rs 82096.00 crore for the quarter under review from Rs 58950.00 crore for the corresponding quarter of the previous year.
The company’s growth in earnings was driven by strong refining margins and sustained performance in the petrochemicals business.