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RELIANCE INDUSTRIES NET PROFIT UP 27% IN THIRD QUARTER.

AsiaPulse News

| February 02, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MUMBAI, Feb 2 Asia Pulse - Reliance Industries Ltd (BSE:RELI) has posted a 27 per cent rise in net profit at Rs 13,740 million (US$303.24 million) in the third quarter ended December 31, 2003 on a turnover of Rs 18,8640 million, up 21 per cent from that posted during the same period of the previous fiscal year.

The company's cash profit was up 20 per cent at Rs 23,350 million, while consolidated net profit stood at Rs 15,400 million, up 40 per cent, RIL Vice-chairman Anil Ambani said here on Thursday.

The company posted an increase in exports at Rs 29,180 million during the ...

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Source: HighBeam Research, RELIANCE INDUSTRIES NET PROFIT UP 27% IN THIRD QUARTER.

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