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Reliance Industries Q4 profit up 8.5% at Rs 6,381 cr

Apr 17, 2015    

New Delhi: Reliance Industries today reported 8.5 percent rise in the March quarter net profit to Rs 6,381 crore on back of higher refining margins. Consolidated net profit of Rs 6,381 crore in January-March is as against Rs 5,881 crore in the same period a year ago, the company said in a statement. Revenue fell to Rs 67,470 crore from Rs 103,428 crore on slump in oil prices in the forth quarter of 2014-15 fiscal. RIL earned $10.1 on turning every barrel of crude oil into fuel as compared to a gross refining margin of $9.3 per barrel in the fourth quarter of previous 2013-14 fiscal.The company...

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