Reliance Industries Announces Audited FY 07 Results

Reliance Industries Ltd has announced the following Audited results for the year ended March 31, 2007:

The Company has posted a net profit of Rs 119430 million for the year ended March 31, 2007 where as the same was at Rs 90690 million for the year ended March 31, 2006. Total Income (net of excise) is Rs 1121710 million for the year ended March 31, 2007 where as the same was at Rs 818940 million for the year ended March 31, 2006.

The Consolidated results are as follows:

The Group has posted a net profit (After adjustment for Minority interest) of Rs 120750 million for the year ended March 31, 2007 where as the same was at Rs 93980 million for the year ended March 31, 2006. Total Income (net of excise) is Rs 1144210 million for the year ended March 31, 2007 where as the same was at Rs 841300 million for the year ended March 31, 2006.

Current year include figures of Indian Petrochemicals Corporation Ltd (IPCL) which is amalgamated with the Company with effect from April 01, 2006 and are therefore to that extent not comparable with those of previous year.