RIL''s net profit jumps to Rs11,943 crore

11 Sep 2007

1

Mumbai: Reliance Industries Ltd, the country''s largest private sector enterprise, has posted a net profit of Rs11,943 crore for the year ended March 31, 2007, as against Rs9,069 crore in the previous fiscal.

The results include that of Indian Petrochemicals Corporation and hence are not comparable to pre-amalgamation results of RIL, the Mukesh Ambani-led company said in a filing with the Bombay Stock Exchange.

Total income jumped to Rs1,12,171 crore in 2006-07 from Rs81,894 crore during the previous year.

The group earned a net profit of Rs12,075 crore in 2006-07 from Rs9,398 crore for the year ended March 31, 2006.

Total income rose to Rs114,421 crore in 2006-07 from Rs84,130 crore in the previous year.

The company has already paid an interim dividend of Rs11 per equity share of Rs10 each.


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