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- Title
Reliance net jumps to Rs. 11,943 cr.
- Abstract
The article reports on the financial performance of polyester company Reliance Industries for the fiscal year ended March 31, 2007. The company posted a net profit of 11,943 crore, as against 9,069 crore in the previous year. The results are not comparable due to amalgamation of Indian Petrochemicals Corp. with RIL. Total income increased 1,12,171 crore in 2006-2007 from 81,894 crore during the previous year and the group earned a net profit of 12,075 crore. Total income recorded by the group during the year is 1,14,421 crore. Company shares rose to 1.32% at 1,987.20 rupees on the Bombay Stock Exchange (BSE).
- Subjects
FINANCIAL performance; RELIANCE Industries Ltd.; CORPORATION reports; CORPORATE profits; STOCK prices; POLYESTER fibers industry
- Publication
Man-Made Textiles in India, 2007, Vol 50, Issue 10, p385
- ISSN
0377-7537
- Publication type
Article