Thursday, January 27, 2011

Robust growth in refining, petrochem helps Reliance disregard weakness in oil and gas segment

Reliance Industries Ltd has posted a robust 28% year-on-year growth in net profits in the recent quarter to Rs 5,136 crore, despite a modest 6% growth in turnover. A strong showing in the refining andd petrochemicals businesses has helped RIL shrug off weakness in its oil and gas segment.

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