Reliance Ind Q2 profit up 39pc
AFP, Mumbai
Reliance Industries Ltd, the petrochemical flagship of India's largest private sector company, said Monday second quarter net profit jumped 39 percent against a backdrop of surging oil product prices. Net profit for the three months to September totalled 17.52 billion rupees ($380 million) on sales up 27 percent from a year earlier to 229.17 billion rupees, said the company, owner of the world's third largest oil refinery.
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