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RIL Q3 net zooms to Rs 2,799 cr

Last updated on: January 18, 2007 17:17 IST
Mukesh Ambani group's flagship company Reliance Industries on Thursday posted a net profit of Rs 2,799 crore (Rs 27.99 billion) in the October-December quarter, up from Rs 1,776 crore (Rs 17.76 billion) in the year-ago period.

The total income (net of excise) was Rs 26,514 crore (Rs 265.14 billion) for the third quarter ended December 31, while the same was at Rs 18,348 crore (Rs 183.48 billion) for the corresponding quarter a year ago, Reliance Industries informed the Bombay Stock Exchange.

The figures for the corresponding periods of the previous year are not comparable in view of the planned shutdown of the refinery during October and November 2005, the company said.

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