RIL's net profit of US$ 1.75 bn, increase of 10%

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RIL's net profit of US$ 1.75 bn, increase of 10%

Reliance Industries Turnover increased by 38% to Rs. 89,163 crore (US$ 19.0 billion)

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Reliance Industries Limited (RIL) today reported its financial performance for the half year ended 30th September, 2008.

Highlights of the un-audited financial results as compared to the previous period are:

• Turnover increased by 38% to Rs. 89,163 crore (US$ 19.0 billion)

• Exports increased by 57% to Rs. 58,180 crore (US$ 12.4 billion)

• PBDIT increased by 10% to Rs. 12,972 crore (US$ 2.8 billion)

• Cash Profit increased by 9% to Rs. 11,097 crore (US$ 2.4 billion)

• Net Profit increased by 10% to Rs. 8,232 crore (US$ 1.8 million)