RIL net profit up 25 percent

Reliance India Limited (RIL) announced a turnover of Rs 75,283 crore for fourth quarter of financial year 2011 on Thursday.

RIL has recorded a turnover of Rs 75,283 crore in this quarter as compared to Rs 60,267crore turn over in the fourth quarter of the financial year 2010.

RIL has marked a turn over of Rs 258,651crore in the over all financial year 2011 as compared to Rs 200,400 crore in 2010, marking a 29 percent increase in the year on year on year basis.

RIL recoerded a Net Profit increase by 25 percent in the financial year 2011.

The Reliance Group is India’s largest private sector enterprise, with businesses in the energy and materials value chain. The Group’s annual revenues are in excess of US$ 58 billion.

The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India.