Reliance Industries (RIL) has posted its second consecutive decline in quarterly profits. Q4 net profit fell 9.3% to Rs 3,546 crore, while sales dropped 24% to Rs 28,362 crore. This can be attributedd to a fall in product prices and lower volumes on account of a temporary shutdown at a unit.
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Friday, April 24, 2009
RIL posts second consecutive decline in quarterly profits
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