Reliance Industries Q1 net profit rises 12 per cent

Standalone net profit in the corresponding quarter was Rs 5,649 crore

Update: 2015-07-25 02:28 GMT
Reliance Industries Q1 net profit rises 12 per cent
Reliance Industries on Friday posted a 11.8 per cent jump in standalone net profit at Rs 6,318 crore.
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MumbaiReliance Industries on Friday posted a 11.8 per cent jump in standalone net profit  at Rs 6,318 crore, which was highest in seven-and-a-half years on strong refining and petrochemical margins.
 
Standalone net profit in the corresponding quarter was Rs 5,649 crore. Revenue fell 26 per cent to Rs 77,130 crore, hurt by a sharp fall in prices of crude oil and petroleum products.
 
RIL earned $10.4 on turning every barrel of crude into petroleum product —  the highest gross refining margin in six years. 

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