Friday, January 21, 2011

RIL Q3 net profit up 28.14% 5136 cr

The flagship company of Reliance Group, Reliance Industries, RIL has announced its third quarter results. The company's Q3 net profit was up 28.14% at Rs 5136 crore versus Rs 4008 crore.

Its net sales were up 5.15% at Rs 59,789 crore versus Rs 56,856 crore.

Its GRM stands at USD 9 per barrel versus USD 5.9 per barrel, YoY.

The company's cash profit at Rs 8695 crore.

Its other income was at Rs 741 crore versus Rs 508 crore, YoY.

Its total costs were up at Rs 53,603 crore versus Rs 51,807 crore, YoY

Its raw material costs at Rs 45,585 crore versus Rs 42,619 crore, YoY.

The company's Petchem revenue was at Rs 15,960 crore versus Rs 14,760 crore, YoY.

Its oil & gas revenue was up at Rs 4,178 crore versus Rs 3,530 crore, YoY.

According to CNBC-TV18 estimates, its net profit was expected at Rs 5,200 crore and sales were seen at Rs 62,500 crore in Q3FY11.

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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