India's RIL Q1 net profit rises by 18% on higher margins

摘要

SINGAPORE (ICIS)--Reliance Industries Ltd’s (RIL) group net profit rose by 17.9% year on year to Indian rupee (Rp) 94.6bn ($1.38bn) in the quarter ending 30 June amid higher operating margins at its petrochemicals business. The company’s revenue surged by 56.5% year on year to Rp1,417bn in April-June this year while profit before depreciation, interest, and taxes (PBDIT) was up 52.8% at Rp224.5bn, it said in a statement over the weekend.