RIL Q1 Result: Net Profit Down 21%

Reliance Industries registered a net profit of Rs 4,473 crore, fall by 21% for the first quarter of 2012 ended June 30th.

However it did beat market forecast of Rs 4,364 crore for Q1 in the current fiscal year.

This is three consecutive down quarter for RIL. Last year at the same period, the company reported a profit of Rs 5,661 crore.

RIL reported quarterly revenue of Rs 94,926 crore with increase of 13.4%.

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“I dare do all that may become a man. Who dares more is none”. And all, may be. It may be the vigor. Or the spirit. Or the courage to avoid being “politically correct” or bent. And, ban all averse with immaculate overture of graciously fathomable words firm in views. Subtle. Justifying the undying conscience. Values. Knowledge. And, dares to stay true. True to own. True to the world. And, to the words. With a dream in eyes it exists. In you. In me. In all. The sprite that never shies away. The spirit that never dies!
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