Reliance Industries Ltd has posted a 30.16 per cent rise in its net profit at Rs 1,437 crore (Rs 14.37 billion) for the first quarter ended June 30, 2004 as against Rs 1,104 crore (Rs 11.04 billion) in Q1 of the previous financial year.
The gross sales income of India's largest private company increased to Rs 20,763 crore (Rs 207.63 billion) in the reporting quarter as against Rs 17,166 crore (Rs 171.66 billion) in April-June 2003, a company official said on Tuesday.