(EnergyAsia, July 25) — India’s privately owned oil refining and petrochemicals company, Reliance Industries, said improved refining margins help drive second quarter net earnings grow by 10.3% to a record Rs25.47 billion. Revenues were up sharply by 31.6% to Rs261.66 billion. (US$1=Rs45). The refinery margins were sharply up in all parts of the world…
INDIA: Reliance Industries report 10.3% rise in April-to-June net profit on improved refining margin
Posted on July 25, 2006 by EnergyAsia