RIL reports Q1 turnover of RS 29,493 crore
28 Jul 2007
Reliance Industries Limited (RIL) today reported its financial performance for the quarter ended June 30, 2007. Its turnover rose 12.7 per cent to Rs29,493 crore from a year ago figure of 26,166, with the net profit rising by 28.2 per cent to Rs3,264, crore up from Rs2,547.
Its Cash Profit increased by 23.7% to Rs. 4,527 crore, while exports rose 30 per cent from the previous year''s quarter to $4 billion.
The company says its gross refining margin of $15.4 / bbl was the highest ever since inception.