Reliance Industries Ltd (RIL) saw its net profit jump 16% to Rs 5,703 crore for the quarter ended September 30, 2011, from Rs 4,923 crore in the corresponding quarter a year ago.
The gross refining margin for the company stood at $10.1 per barrel.The total income increased 37% to Rs 79,671 crore in Q2 of current fiscal, from Rs 58,151 crore for Q2 of last fiscal. Its turnover rose to Rs 80,790 crore in the second quarter (Q2) of the current fiscal, as against Rs 59,962 crore in the same period a year ago, the company said in a statement.
Earning Per Share (EPS) was registered at Rs 17.4 per share from Rs 15.10 per share in the same quarter last year.
During the period, the Petrochemical revenues increased to Rs 21,100 crore from Rs 15,100 crore. Other income for the quarter saw a growth of 64% to Rs 1,102 crore from Rs 672 crore in the corresponding quarter last year.
The company said that the input costs grew 48% to Rs 64,660 crore in the quarter from Rs 43, 570 crore in the previous year's September quarter.
The outstanding debt of Reliance was accounted at Rs 71,399 crore as on September 30, 2011.
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