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Reliance Industries Q3 Results

January 17, 2008

India’s largest private sector entity by market capitalisation and oil refiner Reliance Industries’ total income rose 23.01% to Rs 34,831 crore in Q3 December 2007 over Q3 December 2006. Substantially higher refining margins boosted the bottomline. RIL earned a refining margin of $15.4 per barrel in Q3 December 2007 compared to $11.7 per barrel in Q3 December 2006.

Reliance Industries Q3 PAT RS.3882CR VS RS.2799CR YOY. These numbers exclude the profit from sale of Reliance Petroleum Shares.

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