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Form No 35 News
BSE Sensex rises 1 pct; RIL, telcos climb
RIL posts highest net profit, grows by 16%
Higher gross refining margins have helped Reliance Industries (RIL) offset lower oil and gas production and post its highest net profit ever. Meeting forecast, RIL reported a 15.8 per cent rise in its net profit at Rs 5,703 crore for the July-September quarter of 2011. Its net profit for the corresponding previous quarter stood at Rs 4,923 crore. "RIL's net profit for the quarter is the highest profit