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Rediff.com  » Business » RIL Q4 profit up 30% at Rs 4,710 crore

RIL Q4 profit up 30% at Rs 4,710 crore

Source: PTI
April 23, 2010 18:19 IST
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Reliance Industries on Friday said its January-March net profit jumped 30 per cent to Rs 4,710 crore (Rs 47.10 billion), while its full-year turnover crossed Rs 2,00,000 crore (Rs 1,000 billion) mark.

The country's top private sector entity posted a full-year net profit of Rs 15,898 crore (Rs 158.98 billion), up four per cent from Rs 15,296 crore (Rs 152.96 billion) in the year ended March 31, 2009.

The full-year total income or turnover rose by 35 per cent from Rs 1,53,138 crore (Rs 1,531.38 billion) in fiscal year 2008-09 to Rs 2,05,926 crore (Rs 2,059.26 billion) in the latest financial year.

On stand-alone basis, the fourth quarter net profit rose from Rs 3,627 crore (Rs 36.27 billion) in 2008-09 to Rs 4,710 crore (Rs 47.1 billion) in FY'10, RIL said in a statement.

The quarterly total income on stand-alone basis more than doubled to Rs 60,267 crore (Rs 602.67 billion) from Rs 26,793 crore (Rs 267.93 billion) in the corresponding quarter in 2008-09.

RIL also announced a dividend of Rs 7 per equity share of Rs 10 face value, which will aggregate to a total payout of Rs 2,430 crore (Rs 24.3 billion), including taxes.

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