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RNRL Q2 net up 5% at Rs 21.16 cr

October 27, 2009
Source:PTI

Anil Ambani group firm Reliance Natural Resources Ltd reported on Tuesday a 5.27 per cent rise in net profit at Rs 21.16 crore (Rs 211.6 million) for the second quarter ended September 30, 2009.

The company had a net profit of Rs 20.10 crore (Rs 201 million) in the September quarter of last fiscal, RNRL said in a filing to the Bombay Stock Exchange.

Total income decreased to Rs 66.16 crore (Rs 661.6 million) during the July-September quarter of the current fiscal, from Rs 80.91 crore (Rs 809.1 million) in the corresponding period a year-ago.

For the half year ended September 30, 2009, RNRL posted a net profit of Rs 38.38 crore (Rs 383.8 million), up 6.11 per cent over the year-ago period.

Income from operations rose to Rs 97.07 crore (Rs 970.7 million) during the six months ending September 30, from Rs 87.21 crore (Rs 872.1 million) in the year-ago period.

Shares of RNRL closed at Rs 75.30, down 6.34 per cent over previous close on the BSE.

Image: Anil Ambani

Source: PTI
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