Reliance Industries Ltd.

Reliance Industries, world's largest refiner, has reopened a 330,000 barrels per day crude distillation unit (CDU) on May 20, 2013 after a shutdown last week for maintenance. The refiner operates two refineries in Jamnagar on the Arabian Sea with a total capacity of 1.24 million barrels per day (bpd). The CDU is located in the older, 660,000 bpd refinery.

The company has posted a rise of 31.94% in its net profit at Rs 5,589 crore for the quarter ended March 31, 2013 as compared to Rs 4,236 crore for the same quarter in the previous year. However, total income of the company has decreased marginally by 1.18% at Rs 86,441 crore for quarter under review as compared to Rs 87,477 crore for the quarter ended March 31, 2012.