RIL hit by dip by fall in crude price, Q4 net dips 1%
Reliance Industries Ltd., India’s leading company by market capitalisation, reported a quarterly net profit dip of 1 per cent on the back of dwindling global crude prices that impacted product prices and refining margins.
Chairman and Managing Director Mukesh Ambani stated:
This was a transformational year for Reliance.
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Fri, Apr 24, 2009
Post by Mike Rodger, Oil Reporter