RIL Blowout: 24% Profit BumpVW Staff
Reliance Industries Limited (NSE:RELIANCE) announced an unexpected 24% increase in profits this morning in their earnings report for its third fiscal quarter of 2012. The firm posted a net profit of 55.02 billion rupees. Analysts had expected the firm to announce profits of just 50.14 billion for the last three months.
The firm said that sales in the fourth quarter amounted to 938.86 billion . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible