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Corporate Results - Petroleum
RNRL net rises 5% at Rs 20 cr

Mumbai, Oct. 21

Anil Ambani group company Reliance Natural Resources Ltd has achieved a 5 per cent increase in net profit for the September quarter at Rs 20 crore against Rs 19 crore in the year-ago quarter. The net sales for the quarter increased by 184 per cent at Rs 33.2 crore from Rs 11.7 crore in the previous quarter. During the quarter, Reliance Cementation Pvt Ltd, and its subsidiaries Reliance Cement and Infra Pvt Ltd, Reliance Cement Works Pvt Ltd, Reliance Cement Corporation Pv t Ltd have become wholly owned subsidiaries of the company, the company said in the BSE release. On the BSE, the script was traded at Rs 52.45 a net change of 3.55 per cent over the previous close of Rs 50.65.

– Our Bureau

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