IHS Chemical Week

World News and Views :: Top of the News

Reliance Industries Posts Declines in Quarterly Earnings and Sales

6:53 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.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




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