News Business Reliance Industries Q4 net profit rises 32% to Rs 5,589 cr

Reliance Industries Q4 net profit rises 32% to Rs 5,589 cr

New Delhi, April 16: Reliance Industries on Tuesday reported a 32 percent jump in its fourth quarter net profit to Rs 5,589 crore on the back of robust refining margins.Net profit in January-March quarter rose

reliance industries q4 net profit rises 32 to rs 5 589 cr reliance industries q4 net profit rises 32 to rs 5 589 cr
New Delhi, April 16: Reliance Industries on Tuesday reported a 32 percent jump in its fourth quarter net profit to Rs 5,589 crore on the back of robust refining margins.



Net profit in January-March quarter rose to Rs 5,589 crore from Rs 4,236 crore in the same period a year ago, RIL said in a statement.

The company's turnover was, however, down 1.4 percent at Rs 86,618 crore in the same period.

At present, the company commands a market value of Rs 2,60,313 crore and is the third most valued Indian firm after TCS and ONGC.

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