Reliance Industries quarter profit slides 21 pct
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Reliance Industries quarter profit slides 21 pct

Mumbai : India | Jul 20, 2012 at 7:26 AM PDT
Source: Ledger-Enquirer
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India Reliance Industries reported a 21 percent slide in quarterly profit Friday, as declining oil and gas production and smaller earnings in its core petrochemical and refining businesses failed to make up for better than expected refining margins. It's the third quarter in a row of shrinking... FULL ARTICLE AT Ledger-Enquirer
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Mukesh Ambani, chairman of India's Reliance Industries
Mukesh Ambani, chairman of India's Reliance Industries
 
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  • Reliance Industries Profit Drops

      Asian Wall Street Journal
    Friday posted a drop in its net profit for the third straight quarter, hurt by its energy business where refining margins remained weak and natural gas output dropped. Net profit fell 21% to 44.73 billion rupees ($808 million) in the April-June...

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