Saturday, April 18, 2015

Billionaire Mukesh Ambaniled Reliance Industries clocked an 8.5 per cent year-on-year rise in net profit

posted a record net income of Rs 6,381 crore in the March quarter, driven by robust refining margins, reestablishing itself as the country's most profitable company after having fallen behind Tata Consultancy Services in the preceding three-month period.

Billionaire Mukesh Ambaniled Reliance Industries clocked an 8.5 per cent year-on-year rise in net profit, exceeding expectations, as sales dropped 33.3 per cent to Rs 70,863 crore. Some brokerages had expected the company to make a prof ..


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