Reliance Natural Resources Q3 income up 238 percent

January 23rd, 2009 - 7:10 pm ICT by IANS  

Mumbai, Jan 23 (IANS) Reliance Natural Resources Ltd (RNRL), part of the Reliance-Anil Dhirubhai Ambani Group, Friday reported 238 percent growth in total income at Rs.1.38 billion (Rs.138 crore/$28.3 million) for the quarter ended Dec 31 as against Rs.407 million a year ago.The company’s net profit increased 2 percent to Rs.240 million for the quarter, compared to Rs.237 million in the corresponding period last year.

As on Dec 31, the net worth of the company increased to Rs.17.91 billion.

RNRL is engaged primarily in sourcing, supply and transportation of gas, coal and liquid fuels.

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