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This is an archive article published on April 23, 2010

Reliance Q4 profit up 30 pct

The company’s full-year revenue also crossed Rs 2 lakh crore.

Reliance Industries today said its January-March net profit jumped 30 per cent to Rs 4,710 crore,while its full-year turnover crossed Rs 2,00,000 crore mark.

The country’s top private sector entity posted a full-year net profit of Rs 15,898 crore,up four per cent from Rs 15,296 crore in the year ended March 31,2009.

The full-year total income or turnover rose by 35 per cent from Rs 1,53,138 crore in fiscal year 2008-09 to Rs 2,05,926 crore in the latest financial year.

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On stand-alone basis,the fourth quarter net profit rose from Rs 3,627 crore in 2008-09 to Rs 4,710 crore in FY’10,RIL said in a statement.

The quarterly total income on stand-alone basis more than doubled to Rs 60,267 crore from Rs 26,793 crore in the corresponding quarter in 2008-09.

RIL also announced a dividend of Rs 7 per equity share of Rs 10 face value,which will aggregate to a total payout of Rs ,430 crore,including taxes.

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