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Corporate - Financial Performance
Reliance Natural Q3 net up 127%

Mumbai, Jan 17

Reliance Natural Resources Ltd, a group company of the Anil Ambani Group, has reported for the third quarter, 127 per cent increase in net profit to Rs 23.79 crore from Rs 10.45 crore in the year-ago quarter. However, income from operations has declined Rs 40.73 crore for the quarter, compared with Rs 73.53 crore for the corresponding period in the previous year. During the quarter, the Reliance Fuel Resources Ltd has become a subsidiary of the company. RNRL shares closed 0.46 per cent higher at Rs 217.10 on the BSE on Thursday. - Our Bureau

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