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Reliance to present Q1 financial results on July 27

26 Jul '05
2 min read

India's largest private sector company Reliance Industries Limited (RIL) will announce its unaudited financial results for the first quarter ended June 30, 2005 on Wednesday, July 27, 2005.

A notice to this effect has already been sent to the Stock Exchanges.

Reliance Industries Limited (RIL) is India's largest private sector company on all major financial parameters with turnover of Rs 73,164 crore (US$ 16.7 billion), cash profit of Rs 12,087 crore (US$ 2.8 billion), net profit of Rs 7,572 crore (US$ 1.7 billion), net worth of Rs 40,403 crore (US$ 9.2 billion) and total assets of Rs 80,586 crore (US$ 18.4 billion).

RIL is the first and only private sector company from India to feature in the 2005 Fortune Global 500 list of 'World's Largest Corporations' and ranks amongst the world's Top 200 companies in terms of profits.

RIL emerged in the world's 10 most respected energy/chemicals companies and amongst the top 50 companies that create the most value for their shareholders in a global survey and research conducted by PricewaterhouseCoopers and Financial Times in 2004. RIL also features in the Forbes Global list of world's 400 best big companies and in FT Global 500 list of world's largest companies.

RIL emerged as the 'Best Managed Company' in India in a study by Business Today and A.T. Kearney in 2003. In 2004, the company emerged as 'India's biggest wealth creator' in the private sector over a 5-year period in a study by Business Today - Stern Stewart and as India's 'Most Admired Company' in a Business Barons - TNS Mode Opinion Poll.

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