RIL, RNRL begin talks on gas supply
Reliance Industries and RNRL on Tuesday began informal talks for a possible gas supply agreement, in line with a Supreme Court verdict earlier this month on the row between Mukesh and Anil Ambani groups. “Two top officials of RIL and Anil Dhirubhai Ambani Group today held preliminary discussions on a possible settlement of the gas dispute," a source said. However, no formal confirmation of the meeting and the issues discussed could be obtained from either groups.
RNRL FY'10 net up 26% at Rs 90.75 cr
Press Trust of India, May 15, 2010 (New Delhi)
ADAG firm Reliance Natural Resources (RNRL) on Saturday reported a 26.85 per cent growth in its consolidated net profit at Rs 90.75 crore for the year ended March 2010.
The company had a consolidated net profit of Rs 71.54 crore in the same period previous year, RNRL said in a filing to the Bombay Stock Exchange.
Total operating income of the Anil Ambani-led firm rose to Rs 298.38 crore in the year ended March 2010, up 10.50 per cent from Rs 270.01 crore in the same period a year-ago, the filing added.
On the standalone basis, the company posted a net profit of Rs 73.32 crore for the fiscal ended March 2010, up nearly five per cent over the same year-ago period.
The company had a consolidated net profit of Rs 71.54 crore in the same period previous year, RNRL said in a filing to the Bombay Stock Exchange.
Total operating income of the Anil Ambani-led firm rose to Rs 298.38 crore in the year ended March 2010, up 10.50 per cent from Rs 270.01 crore in the same period a year-ago, the filing added.
On the standalone basis, the company posted a net profit of Rs 73.32 crore for the fiscal ended March 2010, up nearly five per cent over the same year-ago period.
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