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RIL consolidated FY09 net almost flat , what do with stock ?

rajumohan's picture
Submitted by rajumohan on October 8, 2009 - 02:05

Reliance
Industries (RIL), India`s largest private sector company, today
announced a marginal fall of 0.18% in consolidated net profit for the
year ended Mar. 31 2009.

During the year, the company reported
a consolidated profit of Rs 152,960 million as against profit of Rs
153,240 million for the year ended Mar. 31, 2008.

In the same
period, consolidated total income of the company was at Rs 1,531,380
million, a rise of 10.67% over the prior year period.

On a
standalone basis, the company reported a profit of Rs 156,370 million,
an increase of 2.46% over the prior year. In the same period, total
income of the company was at Rs 1,439,070 million, a rise of 7.12% over
the prior year.

Shares
of the company declined Rs 33.45, or 1.57%, to settle at Rs 2,099. The
total volume of shares traded was 479,878 at the BSE.


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About rajumohan

Author is Real Estate and Stock Investor located in Chennai India. Raju is investing Indian capital markets for past 9 years and manages more than 20 Cr of personal finances.

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