Turnover, profit rise at Reliance Industries

ERJ staff report (DS)

Mumbai, India — Reliance Industries Limited (RIL) has released its financial results for the 12 months ended 31st March, 2011.
Turnover increased by 29 percent to `Rs 2581 billion (euro 44 000 million). Pre-tax profit increased by 23 percent to `Rs252 million ($ 3889 million)

RIL said, “The petrochemicals segment recorded its highest ever EBIT for the year at Rs 93 050 million ($ 2.1 billion), an increase of 8 percent on y-o-y basis. EBIT margin for the year was at…

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