IHS Chemical Week

World News and Views :: Top of the News

Reliance Industries Posts Declines in Quarterly Earnings and Sales

6:37 AM MDT | July 24, 2009 | Deepti Ramesh

Reliance Industries says net profits for its fiscal first quarter ended June 30, 2009 fell 11.5%, to $759 million on sales down nearly 23%, to $7 billion. Fall in prices accounted for 24.4% reduction in sales, partially offset by higher volumes which accounted for 1.8% growth in sales, Reliance says. Exports in the quarter decreased by 38.5%, to $3.6 billion. The petrochemical business segment of the company recorded a 22.4% fall in sales, to $2.4 billion and Ebit was down 32%, to $434 million. During the period, domestic demand for most petrochemical products...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa