Online edition of India's National Newspaper
Friday, Oct 28, 2005
Online edition of India's National Newspaper Friday, Oct 28, 2005 |
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Special Correspondent
Mukesh Ambani, Chairman, Reliance Industries.
MUMBAI: Reliance Industries Ltd (RIL) recorded a turnover of Rs. 42,777 crore for the half-year ended September 30, 2005, up by 27 per cent compared to Rs. 33,610 crore in the corresponding previous period. The net profit for the half-year increased by 50 per cent to Rs. 4,791 crore from Rs. 3,189 crore. "The increase in sales reflects the impact of a rise in product selling prices of 23 per cent, and increase in the sales volume of 4 per cent, as compared to the corresponding previous period,'' RIL stated in a press release. Exports, including deemed exports, were Rs. 15,176 crore against Rs. 10,036 crore. Production of oil and gas and petrochemicals, including toll conversion, increased by four per cent to 6.54 million tonnes. The refinery operated at 96 per cent capacity utilisation and processed 15.87 million tonnes of crude. Other income decreased to Rs. 416 crore from Rs. 643 crore on account of the company exercising its option to convert the preference shares of Reliance Infocomm Ltd with effect from April 1 Depreciation was at Rs. 1,595 crore as against Rs. 1,830 crore for the corresponding previous period. The decrease is on account of assets sold during 2004-05 and impact of WDV depreciation on petrochemical assets
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Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
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