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Reliance Industries Q1 net seen up 16% at Rs 5625cr YoY

Mukesh Ambani group flagship company Reliance Industries (RIL) is expected to report 16% rise in its first quarter FY12 net profit to Rs 5,625 crore against Rs 4,851 crore in the year ago period. CNBC-TV18 expects 4.6% quarter-on-quarter growth in net profit of RIL.

July 22, 2011 / 06:49 PM IST
 
 
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Mukesh Ambani group flagship company Reliance Industries (RIL) is expected to report 16% rise in its first quarter FY12 net profit to Rs 5,625 crore against Rs 4,851 crore in the year ago period. CNBC-TV18 expects 4.6% quarter-on-quarter growth in net profit of RIL.


Sales are seen going up 34.3% to Rs 68,500 crore from Rs 57,570 crore year-on-year and quarter-on-quarter growth could be 7.5% from Rs 72,674 crore. 


Operating profit margin is expected to be 13.1% versus 16.04% (YoY) and 13.54% (QoQ).


Expectations


* Refining to compensate for lower contribution from petchem, E&P

* GRM

first published: Jul 22, 2011 04:41 pm

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