reliance rersults

Reliance Industries has once again come out with surprising quaterly result wherein the company posted Q4 net profit of Rs 2853 crore versus Rs 2502 crore, up 20.3%, YoY.

Its Q4FY07 net turnover was at Rs 25895 crore versus Rs 24542 crore, YoY and the Q4 GRM hits USD 13/bbl versus USD 11.30/bbl in previous quarter of same fiscal. Its Q4 EPS was at Rs 20.50 and Q4 EBITDA Margin was at 18.1%.

The company posted refining margin in Q4 at 10.8% versus 8.2%, YoY. Its Petchem margin in the corresponding quarters were at 10.7% versus 12.1%, YoY. Q4 Petchem revenues for the company was up 48.2% at Rs 10,670 Crore and Refining revenues was also up 37.5% at Rs 29,069 crore. Its other expenditure in Q4 was at Rs 2434 crore versus Rs 3102 crore, YoY.