Reliance Q4 profit jumps as product prices rise
Facebook Twitter google+ RSS Feed

Reliance Q4 profit jumps as product prices rise

By siliconindia staff writer   |   Thursday, 29 April 2004, 07:00 Hrs
Printer Print Email Email
MUMBAI: Reliance Industries has reported a 26% increase in net profit at Rs 5,160 crore for the year ended March 31, 2004 as against Rs 4,104 crore in FY03.

Total income moved up to Rs 52,940 crore from Rs 46,899 crore in the previous fiscal, according to a release issued to the BSE today.

The company posted a 29% rise in net profit at Rs 1,419 crore for the quarter ended March 31, 2004 as against a net profit of Rs 1,101 crore in the quarter ended March 31, 2003. Total income increased from Rs 13,081 crore in MQ03 to Rs 14,585 crore in MQ04, the release said.

The group has posted a net profit (after adjustment for minority interest) of Rs 5,169 crore for the year ended March 31, 2004 as against a net profit of Rs 4,003 crore in FY03. Total income moved up to Rs 53,183 crore from Rs 46,796 crore in FY03.

The board has recommended a dividend of Rs 5.25 per fully paid up share of Rs 10/- each.


Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Philips
Sr. Executive
ISB
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
NIC
Reena Khanna
Founder
Solitaireworld
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset
SPOTLIGHT