in this issue
Chemical Week Magazine :: Business & Finance :: Asia/Pacific
Reliance Industries Records Rise in Third-Quarter Profits and Sales
10:05 AM MST | January 28, 2011 | —DEEPTI RAMESH
Ambani: Petrochemical margins continue to improve. Reliance Industries says net profits for the company’s fiscal third quarter ended December 31, 2010 increased 28% compared with the same period of the previous year, to about Rs51.36 billion ($1.12 billion), on sales up 6%, to Rs624 billion. Reliance’s petrochemicals business segment recorded an 8% rise in third-quarter sales, to about Rs160 billion with Ebit up 18%, to Rs24.3 billion. The segment’s performance reflects the strong domestic demand for most products, Reliance says. “Reliance...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee