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Jul 20, 2012, 07.36 PM IST

Reliance end-June cash balance at Rs 70,732bn

Reliance Industries Ltd had cash balance worth Rs 70,732 crore at the end of the June quarter, the company said in a statement on Friday, up from Rs 70,252 crore at the end of March.

Source: Reuters
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Reliance end-June cash balance at Rs 70,732bn
Reliance Industries Ltd had cash balance worth Rs 70,732 crore at the end of the June quarter, the company said in a statement on Friday, up from Rs 70,252 crore at the end of March.


The company posted its third consecutive drop in quarterly profit but beat street expectations as refining margins fell less than expected and treasury gains from its huge cash pile bolstered profits.


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